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If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price? Select the best answer from the choices provided. A. $15 B. $33
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If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price?

Select the best answer from the choices provided.
A.
$15
B.
$33
C.
$500
D.
$7,500

User Michael Bleigh
by
6.6k points

1 Answer

2 votes

The answer is C. 500 dollars

User Hutchbat
by
6.4k points
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