What is the balance of your account

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Reference no: EM131599565

On January 1, you sold short two round lot of Snow's stock at $21 per share. On March 1, a dividend $2 per share was paid. On April 1, you covered the short sale by buying the stock at a price of exist 17 per share. You paid 50 cents per share in commissions for each transaction. What is the balance of your account?

Annual interest rate is 10%.

Reference no: EM131599565

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