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Determine profit or loss from the transactions

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Problem 1: Last year you sold short 400 shares of stock selling at ?$79.19 per share. Six months later the stock had fallen to ?$34.91 per share. Over the? six-month period, the company paid out two dividends of ?$1.09 per share. Your total commission cost for selling and buying the shares came to ?$87. Determine your profit or loss from these transactions

Reference no: EM132968014

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