Business, 31.03.2020 00:16, binava

Wiley sold short 100 shares of ACME stock at a price of $80 per share. While the position was open, a dividend of $2 per share was distributed. Wiley covered the short position at $50 per share. What is his total gain, ignoring commissions and borrowing costs?

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Wiley sold short 100 shares of ACME stock at a price of $80 per share. While the position was open,...