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On January 1, you sold short one round lot(that is 100 shares) of Lowe's stock at 521 per share on March 1, a dividend of

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On January 1, you sold short one round lot(that is 100 shares) of Lowe's stock at 521 per share on March 1, a dividend of 3 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 a. What is the proceeds from the short sale (net of commission? Proceeds from the short sale s c. What is the dividend payment? Dividend payment $ c. What is the total cost including commission if you have to cover the short sale by buying the stock at a price of 515 per share? Total cost including commission 5 d. What is the net gain from your transaction? Net gain

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