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On January 1. you sold short one round lot of Snow 's stock at $21 per share. On March 1, a $1 dividend per share

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On January 1. you sold short one round lot of Snow 's stock at $21 per share. On March 1, a $1 dividend per share was paid. On April 1. you covered the short sale by buying the stock at a price of $15 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account? Annual interest rate is 10%

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