question #12 On January 1, you sold short one round lot (that is, 100 shares) of Amazon stock at $1200 per share. You are required to put up 50% of the proceeds on margin. On March 1, a dividend of $30 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $1500 per share. The shares are easy to borrow (ETB) so the broker charges you no interest and pays you no interest on cash. What is the profit or loss from the trade in dollars? Numeric Response