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QUESTION
As a keen and insightful investor, you decide to short-sell Atlas Corporation because you believe that its shares are about to take a dive. Atlas is...
As a keen and insightful investor, you decide to short-sell Atlas Corporation because you believe that its shares are about to take a dive. Atlas is currently selling for $50 per share. Determine your profit or loss if you sell 500 shares of Atlas short at $50 per share and the price of Atlas:
- falls to $40.00.
- falls to $ 0.25.
- rises to $1,000.00.
