Business, 07.03.2020 02:48 lovely222

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 $

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On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share...

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