Suppose a speculator borrowed 50,000 Rio Tinto shares at time T and put a sale order for the shares at T+5 for 100 dollars each. Which of the following statements is correct? A. This sale is illegal if the seller is not a professional arbitrageur or a professional dealer. This is an ordinary sale. OC. The speculator does not have an exercisable and unconditional right to vest the shares in the buyer. D. This creates a long position. OE. The speculator needs to report the sale to its broker. OB and _authorized in Australia B. B A prior purchase agreement is an). O A. covered short sale; is NOT naked short sale; is C.covered short sale; is OD. naked short sale; is NOT ordinary sale; is O E. A capital note for the issuer is a(n) instrument at the time of the issue and is a(n) _instrument after conversion. O A. debt; asset . debt; debt OC. equity; equity D. equity; debt E. debt; equity 0