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Please show all work, calculations, and formula used 10*. [1 Point] An investor short sells 100 shares when the share price is $150 and closes
Please show all work, calculations, and formula used
10*. [1 Point] An investor short sells 100 shares when the share price is $150 and closes out the position six months later when the share price is $147. The shares pay a dividend of $2 per share during the six months. How much does the investor gain? Show calculations. (assume zero interest rates) Calculations 4Step by Step Solution
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