undefined

Short Sale Example: On January 1, Jeffrey S. sold short one round lot (i.e. 100 shares) of BCE at $14 per share. On March 1, a dividend of $2 per share was paid. On April, He covered the short sale by buying the stock at $9 per share. He has paid $0.5 per share in commissions for each transaction. What is the value of his account? (i.e. the total profit or loss)