On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of $2.50 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $16.20 per share. You paid 10 cents per share in commissions for each transaction. a. What is the proceeds from the short sale (net of commission)?Proceeds from the short sale___ $b. What is the dividend payment?Dividend payment $c. What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $16.20 per share?Total cost including commission $d. What is the net gain from your transaction?Net gain $

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.