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You short sale 300 units of Maxis stock for $23 three months ago. Today you close out the position when the share price is $19.

You short sale 300 units of Maxis stock for $23 three months ago. Today you close out the position when the share price is $19. The shares qualify a dividend of $0.50 per share during the three months. How much does the investor gain or loss?

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