You paid 50 cents per share in commissions for each, Financial Management

You paid 50 cents per share in commissions for each

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 $17per share. You paid 50 cents per share in commissions for each transaction. What is the balance of your account? Annual interest rate is 10%.

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Financial Management: You paid 50 cents per share in commissions for each

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Financial Management: You paid 50 cents per share in commissions for each

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