asked 121k views
5 votes
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $26.00 per share. On March 1, a dividend of $3.50 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $17.00 per share. You paid 15 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)?

asked
User Kardu
by
8.4k points

1 Answer

2 votes

Is this actually college question :<

answered
User Tstoev
by
8.3k points
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