Business, 01.03.2021 19:20 leobaut6145

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $19.70 per share. On March 1, a dividend of $2.40 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $13.50 per share. You paid 30 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)

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On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $19.70 per share...

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