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Last year you sold short 400 shares of stock selling at $71.14 per share. Six months later the stock had fallen to $32.11 per share.
Last year you sold short 400 shares of stock selling at $71.14 per share. Six months later the stock had fallen to $32.11 per share. Over the six-month period, the company paid out two dividends of $1.74 per share your total commission cost for selling and buying the shares came to $127. 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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