Question: 2.6-27 Question Help George has heard a rumor that a major pet food company will be forced to recall millions of cans of pet food
2.6-27 Question Help George has heard a rumor that a major pet food company will be forced to recall millions of cans of pet food due to contamination. If the rumors are true, the company's stock price will decline sharply. Which one of the following strategies would allow George to earn a profit if the rumor proves to be true? O A. Take a long position in the stock one month from today. OB. Take a long position in the stock today. OC. Buy the stock on margin today. OD. Sell the stock short today
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