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Determine profit or loss from transactions

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Last year you sold short 400 shares of stock selling at ?$96.96 per share. Six months later the stock had fallen to ?$47.84 per share. Over the? six-month period the company paid out two dividends of ?$1.18 per share. Your total commission cost for selling and buying the shares came to ?$111 Determine your profit or loss from these transactions.

Your profit? (or loss) from these transactions is ?$_______

Reference no: EM132392825

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