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Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge of 0.5%. Supposing you pay commission charges for purchasing the security
Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge
of 0.5%. Supposing you pay commission charges for purchasing the security to cover
the short-sale, how much profit have you made if you close the short-sale at a price
of $29.87?
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