Q$5.$ On January $1,$ you sold short two round lot $($i$.$e$.,200$ shares$)$ of IBM's stock at $$160$ per share. On March $1,$ a divitend of $$3$ per share was paid. On April $1,$ you covered the stiont sale by buying the stock at a price of $5150$ per share. You paid $50$ cents per share in commissions for each transaction. What is the value of your account on April $18($Please refer to Q$.23$ of Chapter $3.$ The Excel sheet is posted in the Chapter $3$ Study Materials Folder. You may look at the Word document to understand the calculation and process.$)$

You may submit your answer in Excel as an attached file.

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