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Question #2 (Max. Marks-10-3+2+2+3) An investor shorts 1000 shares of Microsoft in September, 2000 when the rate of one share was $55 (hypothetical value). He

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Question #2 (Max. Marks-10-3+2+2+3) An investor shorts 1000 shares of Microsoft in September, 2000 when the rate of one share was $55 (hypothetical value). He was expecting the share price to fall. Furthermore, the dividend on stock is paid $0.5/share in November 2000 and $1/share in November 2001. Calculate his net gain if he wants to close out his position in December 2001 and (1) stock price is $60

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