Last year you sold short 400 shares of stock selling at


Last year you sold short 400 shares of stock selling at ?$71.75per share. Six months later the stock had fallen to ?$33.82 per share. Over the? six-month period the company paid out two dividends of ?$1.89 per share. Your total commission cost for selling and buying the shares came to ?$127.

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

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