Question
On January 1, you sold short one round lot (that is, 100 shares) of Lowes stock at $21 per share. On March 1, a dividend
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On January 1, you sold short one round lot (that is, 100 shares) of Lowes stock at $21 per share. On March 1, a dividend of $2 per share was paid. On April 1, you covered the short sale by buy- ing 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 on April 1?
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QlikView For Finance
Authors: B. Diane Blackwood
1st Edition
1784395749, 978-1784395742
