=+Problem 6.3 An investor believes that the share price of company Y is overvalued at $300 and

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=+Problem 6.3 An investor believes that the share price of company Y is overvalued at $300 and is going to drop in price. As she does not hold the stock, the investor decided to short sell 20 shares of the company.

a. Show the investor’s profit/loss on the deal if the shares end up at $250 per share.

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