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drwalkinboner drwalkinboner
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2 years ago
Jocelyn sells short 1000 shares of JKLO stock at $31.25 per share and six months later purchases the shares at $29.00 each. Ignoring margin interest and brokerage fees, Nancy will

▸ earn a total profit of $3,125.

▸ lose a total of $2,900.

▸ earn a total profit of $2,250.

▸ Lose a total of $2,250.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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kniemeier2kniemeier2
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2 years ago
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