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You engage in a long-short strategy with Coca-Cola and Pepsi. You go long 600 shares of Coca-Cola, currently trading at $32 per share You short

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You engage in a long-short strategy with Coca-Cola and Pepsi. You go long 600 shares of Coca-Cola, currently trading at $32 per share You short 960 shares of Pepsi, currently trading at $20 per share. The price of Coca-Cola rises to $36 per share. The price of Pepsi rises What is the maximum price of Pepsi stock that will allow your strategy to be profitable? $23.58 $21.76 1.43 pts O $22.49 $20.28

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