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On January 1. you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 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 Lowe's stock at $24.50 per share. On March 1, a dividend of $3.20 per share was paid. On April 1. you covered the short sale by buying the stock at a price of $20.00 per share. You paid 15 cents per share in commissions for each transaction a. What is the proceeds from the short sale (net of commission)? Answer is complete but not entirely correct. Proceeds from the short $ sale 2.425 b. What is the dividend payment? Answer is complete and correct. Dividend payment $ 320 c. What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $20.00 per share? Answer is complete but not entirely correct. Total cost including commission 2,335 % d. What is the net gain from your transaction? Answer is complete but not entirely correct. Net gan S 90

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