Question: Long vs. Short Profits (LO4, CFA5) An important difference between a long position in stock and a short position concerns the potential gains and losses.

Long vs. Short Profits (LO4, CFA5) An important difference between a long position in stock and a short position concerns the potential gains and losses. Suppose a stock sells for $18 per share and you trade 500 shares. What are your potential gains and losses for each type of position?

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