Pete Pablo has $20000 to invest. He is very optimistic about the prospects of two companies, 919
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Pete Pablo has $20000 to invest. He is very optimistic about the prospects of two companies, 919 Brands and Diaries.com. However, Pete has a very pessimistic view of one company, a financial institution known as Star Bank. The current market price of each share and Pete's assessment of the expected returns for each share are belowa)If Pete sells short 100 shares of Star Bank, how much additional money will he have to invest in the other two shares?
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