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Aftter researching Verizon communications common stock. Andrea Martinez is convinced the stock is overpriced. She contacts her account executive and arranges to sell shor 7

Aftter researching Verizon communications common stock. Andrea Martinez is convinced the stock is overpriced. She contacts her account executive and arranges to sell shor 700 shares of Verizon. At the time of the sale, a share of common stock had a value of $45. Three months later, Verizon is selling for $36 a share, and Andrea insrtructs her Broker to cover her short transaction. Total commissions to buy and sell the stock were $20. What is her profit for this short transaction?

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