What was the percentage gain or loss on this investment

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Reference no: EM131208914

A sophisticated investor, B. Graham, sold 500 shares short of Amwell, Inc. at $42 a share.

The price of the stock subsequently fell to $38 before rising to $49 at which time graham covered the position (that is, closed the short position).

What was the percentage gain or loss on this investment?

Reference no: EM131208914

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