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On January 1, you sold short one round for ( matis 100 sres) of Lowe's stock at $27 70 per share on March 1, a

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On January 1, you sold short one round for ( matis 100 sres) of Lowe's stock at $27 70 per share on March 1, a dividend of 83 30 per share was paid on April 1. you covered the short sale by buying the stock at a pace of 22.00 per share and returned your borrowed share. You paid 25 cents per share in commissions for each transaction What is the value of your account on April 1 after returning barrawed shares? (Round your answer to 2 decimal places) Value of account $

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