How much profit (if any) would Clay Sorensen make if he short-sold 300 shares of a stock

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How much profit (if any) would Clay Sorensen make if he short-sold 300 shares of a stock at $100 a share and the price of the stock suddenly tumbled to $70?

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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