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Question 6 (1 point) A client sells short 500 shares of SLE at $6 a share. The price of the shares moves to $7 and

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Question 6 (1 point) A client sells short 500 shares of SLE at $6 a share. The price of the shares moves to $7 and the client decides to cover the position. What capital gain or loss would the investor realize? 1) $350 loss. 2) $350 profit. 3) $500 profit. 4) $500 loss. Page 6 of 12 Previous Page Next Page

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