1. Calculating short position profit. How much profit (if any) would Max Adler make if he short-sold 300 shares of a stock at 100 a share and the price of the stock suddenly tumbled to 70? 2. Finding...

1. Calculating short position profit. How much profit (if any) would Max Adler make if he short-sold 300 shares of a stock at
100 a share and the price of the stock suddenly tumbled to
70?

2. Finding stock quote information. Using the Internet site for Yahoo! Finance (http://finance. yahoo.com), find the 52-week high and low for Coca-Cola’s common stock (symbol KO ). What is the stock’s latest dividend yield? What was Coca-Cola’s most recent closing price, and at what P/E ratio was the stock trading?