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Problem 4-03 A stock is currently selling for $70.00 a share. What is the gain or loss on the following transactions? Use a minus sign

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Problem 4-03 A stock is currently selling for $70.00 a share. What is the gain or loss on the following transactions? Use a minus sign to enter the amount as a negative value. Round your answers to the neerest cent. a. You take a long position and the stock's price declines to $66.35 b. You sell the stock short and the price declines to $66.35 d. You sell the stock short and the price rises to $82.15

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