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Business, 29.01.2020 04:50 daniellopez18

On january 1, you sold short one round lot (that is, 100 shares) of lowe's stock at $24.50 per share. on march 1, a dividend of $3.20 per share was paid. on april 1, you covered the short sale by buying the stock at a price of $20.00 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)?

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On january 1, you sold short one round lot (that is, 100 shares) of lowe's stock at $24.50 per share...

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