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Brianne has a higher risk tolerance than most investors. She anticipated a stro...
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Brianne has a higher risk tolerance than most investors. She anticipated a strong drop in Sears Canada shares because of speculation that the company will miss its EPS expectations. Brianne did not own any Sears shares but phoned her broker who placed a sale order for her at $20.75 per share. Shortly after the sale, the shares dropped to $12.35 at which time she purchased the same number of Sears shares to replace them. Brianne made a profit through placing a:
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