Evaluate what is the value of your account

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Reference no: EM131959220

On January 1. you sold short one round lot of Snow 's stock at $21 per share.

On March 1, a $1 dividend per share was paid. On April 1. you covered the short sale by buying the stock at a price of $15 per share.

You paid 50 cents per share in commissions for each transaction. What is the value of your account?

Annual interest rate is 10%.

Reference no: EM131959220

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