stock is currently selling for $50.00 a share. What is the gain or loss on the following transactions? Use a minus sign to enter the amount as a negative value found your answers to the nearest cent. You take a long position and the stock's price declines to $48.35. You sell the stock short and the price declines to $48.35. c. You take a long position and the price rises to $60.65. d. You sell the stock short and the price rises to $60,65