On march 1 a dividend of 2 per share was paid on april 1, Finance Basics

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On march 1 a dividend of 2 per share was paid on april 1

On January 1, you sold short one round lot (that is, 100 shares) of Lowes stock at $21 per share. On March 1, a dividend of $2 per share was paid. On April 1, you covered the short sale by buy- ing the stock at a price of $15 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account on April 1?

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Finance Basics: On march 1 a dividend of 2 per share was paid on april 1

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Finance Basics: On march 1 a dividend of 2 per share was paid on april 1

Reference No:- TGS0662652

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Finance Basics: On march 1 a dividend of 2 per share was paid on april 1

Reference No:- TGS0662652

Recent Questions Asked Finance Basics

Q : What rate of return are investors expecting and what would

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Q : On march 1 a dividend of 2 per share was paid on april 1

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