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Last year you sold short 4 0 0 shares of stock selling at $ 8 4 . 3 3 per share. Six months later the

Last year you sold short 400 shares of stock selling at $84.33 per share. Six months later the stock had fallen to $47.78 per share. Over the six-month period, the company paid out two dividends of $1.94 per share. Your total commission cost for selling and buying the shares came to $88. Determine your profit or loss from these transactions.

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