Jocelyn sells short 100 0 shares of JKLO stock at $31.25 per share and six months later purchases the shares at $29.00 each. Ignoring brokerage fees, Nancy will

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When Jocelyn sells short 100 shares of JKLO stock at $31.25 per share, she earns $3,125 (100 x $31.25). Six months later, she purchases the same 100 shares at $29.00 per share, which costs her $2,900 (100 x $29.00). To calculate the profit, we subtract the cost from the earnings: $3,125 - $2,900 = $225 profit. Therefore, Nancy will earn a total profit of $225.

Jocelyn Sells Short 100 0 Shares of JKLO Stock at $31.25