Last year you sold short 400 shares of stock selling at $108 11 per share Six months later the stock had fallen to $52 97 per share Over the six month period, the company paid out two dividends of $1 81 per share Your total commission cost for selling and buying the shares came to $111 Determine your profit or loss from these transactions Last year you sold short 400 shares of stock selling at $108 11 per share Six months later the stock had fallen to $52 97 per share Over the six month period, the company paid out two dividends of $1 81 per share Your total commission cost for selling and buying the shares came to $111 Determine your profit or loss from these transactions Your profit (or loss) from these transactions is $ (Round to the nearest dollar )

Question

Last year you sold short 400 shares of stock selling at $108 11 per share  Six months later the stock had fallen to $52 97 per share  Over the six month period, the company paid out two dividends of $1 81 per share  Your total commission cost for selling and buying the shares came to $111  Determine your profit or loss from these transactions  Last year you sold short 400 shares of stock selling at $108 11 per share  Six months later the stock had fallen to $52 97 per share  Over the six month period, the company paid out two dividends of $1 81 per share  Your total commission cost for selling and buying the shares came to $111  Determine your profit or loss from these transactions  Your profit (or loss) from these transactions is $ (Round to the nearest dollar )

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Question

Last year you sold short 400 shares of stock selling at $108.11 per share. Six months later the stock had fallen to $52.97 per share.

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