questions 25-28 please

25. When an investor sells short, the round trip he expects to complete will A. Buy low then Sell high B. Buy high then Sell low C. Sell low then Buy high D. Sell high then Buy low E. None of the above 26. You believe that Apple stock will decrease in value. You sell short 100 shares at $381.91 per share. You later buy back the stock to cover your short position, paying $376.42 per share. What is the dollar amount of your gain or loss? Assume no dividends and no commissions. A. $549.00 gain B. $376.42 loss C. $381.91 gain D. S549.00 loss E. None of the above 27. Which of the following securities are likely to be purchased by a money market mutual fund? A. Microsoft stock B. Thirty year Treasury Bond C. Banker's Acceptance D. Both B and C E. All of the above 28. What is the purpose of a mutual fund load? A. To provide money to hire talented investment managers B. To pay the fund's federal income taxes C. To pay management of the businesses they invest in D. To pay commissions to the salesmen who sell the fund to investors E. None of the above