PART 1: Yong sells a share of Kindred short at $7.80 per share, and at some future date covers his short position (gets out of his short position) when Kindred is trading at $11.70. What is Yong's profit or loss on the trade? $ _____?______ PART 2. What is the MOST that Yong can gain on this short trade? Place your answer in dollars and cents. If you believe the answer is "no limit to the amount of gain" then place the answer of 9999 (that is, type 4 consecutive 9's in the answer box)

$ _____?______