Sharnel Bitker expected the price of PharmaScripts 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

900

shares of PharmaScripts at

$9.62.

How much would Sharnel earn or lose on this transaction if she repurchased the

900

shares eight months later at each of the following prices per share?a.

$11.01

b.

$9.61

c.

$5.64

d.

$15.04

e.

$10.64

a. The amount Sharnel would earn or lose on this transaction if she repurchased the

900

shares eight months later at

$11.01

each is

$enter your response here.

(Enter a loss as a negative number and round to the nearest cent.)b. The amount Sharnel would earn or lose on this transaction if she repurchased the

900

shares eight months later at

$9.61

each is

$enter your response here.

(Enter a loss as a negative number and round to the nearest cent.)c. The amount Sharnel would earn or lose on this transaction if she repurchased the

900

shares eight months later at

$5.64

each is

$enter your response here.

(Enter a loss as a negative number and round to the nearest cent.)d. The amount Sharnel would earn or lose on this transaction if she repurchased the

900

shares eight months later at

$15.04

each is

$enter your response here.

(Enter a loss as a negative number and round to the nearest cent.)e. The amount Sharnel would earn or lose on this transaction if she repurchased the

900

shares eight months later at

$10.64

each is

$enter your response here.

(Enter a loss as a negative number and round to the nearest cent.)