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Assume that you open a 100-share short position in XYZ, Inc. common stock at the bid-ask price of $32.00 - $32.50. When you close your

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Assume that you open a 100-share short position in XYZ, Inc. common stock at the bid-ask price of $32.00 - $32.50. When you close your position, the bid-ask prices are $32.50 - $33.00. If you pay a commission rate of $5 per transaction and there is $0.15 dividend per share right before you close your short position, what is your profit or loss on the short investment? $25.00 loss $110.00 loss $125.00 loss $10.00 loss

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