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Business, 21.09.2020 14:01 Jerrikasmith28

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $20.50 per share. On March 1, a dividend of $1.80 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $14.50 per share. You paid 40 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 $20.50 per share...
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