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Suppose that Tesla stock is currently selling at $266.35 per share. For each of the following situations (ignoring brokerage commissions), calculate the gain or loss
Suppose that Tesla stock is currently selling at $266.35 per share. For each of the following situations (ignoring brokerage commissions), calculate the gain or loss that Olivia Crowe realizes if she makes a 100-share transaction. (Enter all losses as negative numbers.) a. She sells short and repurchases the borrowed shares at $296.86 per share. b. She takes a long position and sells the stock at $296.86 per share. c. She sells short and repurchases the borrowed shares at \$256.84 per share. d. She takes a long position and sells the stock at $256.84 per share
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