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Question 16 2 pts You sold short 260 shares of Stock ABC at $70 per share on April 1. On June 15, a dividend of
Question 16 2 pts You sold short 260 shares of Stock ABC at $70 per share on April 1. On June 15, a dividend of $3 per share was paid. You closed out the short position by buying the stock ABC at the price of $61 per share on September 1 and returned your borrowed shares. You paid $0.5 per share in commission for each transaction. What is the profit of the whole transaction after returning borrowed stocks on September 1? $1,210 O $1,550 O $1.480 O $1,300 nts
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