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Please Show Work and round correctly to decimal places requested. Next Question Charlene Hickman expected the price of Bio International shares to drop in the
Please Show Work and round correctly to decimal places requested.
Next Question Charlene Hickman expected the price of Bio International shares to drop in the near future in response to the expected failure of its new drug to pass FDA tests. As a result, she sold short 100 shares of Bio International at $27.06. How much would Charlene earn or lose on this transaction if she repurchased the 100 shares four months later at each of the following prices per share? a. $23.58 b. $24.74 c. $31.66 d. $26.57 a.The amount Charlene would earn or lose on this transaction if she repurchased the 100 shares four months later at $23.58 each is (Enter a loss as a negative number and round to the nearest cent.) b. The amount Charlene would earn or lose on this transaction if she repurchased the 100 shares four months later at $24.74 each is $. (Enter a loss as a negative number and round to the nearest cent.) c. The amount Charlene would earn or lose on this transaction if she repurchased the 100 shares four months later at $31.66 each is $ . (Enter a loss as a negative number and round to the nearest cent.) Enter a loss as a negative d. The amount Charlene would earn or lose on this transaction if she repurchased the 100 shares four months later at $26.57 each number and round to the nearest cent.) Enter your answer in each of the answer boxesStep by Step Solution
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