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Suppose you sold short 100 shares of some stock on January 1 at a price of $30 per share. A dividend of $2 per share
Suppose you sold short 100 shares of some stock on January 1 at a price of $30 per share. A dividend of $2 per share was paid on March 1. On April 1, you closed your short position. You paid $0.50 per share for each transaction and all-in-all you realized a net gain of $300. At what price did you close your short position?
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