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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
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 shares of PharmaScripts at $ How much would Sharnel earn or lose on this transaction if she repurchased the shares eight months later at each of the following prices per share?
a$
b$
c$
d$
e$
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Part
a The amount Sharnel would earn or lose on this transaction if she repurchased the shares eight months later at $ each is $
enter your response here. Enter a loss as a negative number and round to the nearest cent.
Part
b The amount Sharnel would earn or lose on this transaction if she repurchased the shares eight months later at $ each is $
enter your response here. Enter a loss as a negative number and round to the nearest cent.
Part
c The amount Sharnel would earn or lose on this transaction if she repurchased the shares eight months later at $ each is $
enter your response here. Enter a loss as a negative number and round to the nearest cent.
Part
d The amount Sharnel would earn or lose on this transaction if she repurchased the shares eight months later at $ each is $
enter your response here. Enter a loss as a negative number and round to the nearest cent.
Part
e The amount Sharnel would earn or lose on this transaction if she repurchased the shares eight months later at$ each is $
enter your response here. Enter a loss as a negative number and round to the nearest cent.
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