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29 June, 20:24

If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price?

Select the best answer from the choices provided.

A.

$15

B.

$33

C.

$500

D.

$7,500

+5
Answers (1)
  1. 29 June, 22:46
    0
    The answer is C. 500 dollars
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