In: Finance
| Suppose you short-sell 100 shares of IBM, now selling at $178 per share. |
| a. | What is your maximum possible loss? |
| Maximum possible loss are | (Click to select)178unlimited0 |
| b. |
What happens to the maximum loss if you simultaneously place a stop-buy order at $192.50? (Do not round intermediate calculations. Input the amount as a positive value.) |
| Maximum loss | $ |