Last year you sold short 400 shares of stock selling at, Financial Management

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Last year you sold short 400 shares of stock selling at

Last year you sold short 400 shares of stock selling at ?$74.39 per share. Six months later the stock had fallen to ?$38.62 per share. Over the? six-month period the company paid out two dividends of ?$2.05 per share. Your total commission cost for selling and buying the shares came to ?$125. Determine your profit or loss from these transactions.

What is your profit? (or loss) from these transactions?

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