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You sell short 100 shares of Bear Co. when its stock price equals $70 per share. At what price per share would your profit be
You sell short 100 shares of Bear Co. when its stock price equals $70 per share. At what price per share would your profit be maximized? A) $70 B) As high as possible C) Zero D) Any price under $70 would maximize your profit E) Any price over $70 would maximize your profit
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