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Answer to Question #41285 in Algebra for Stacy

Question #41285
A speculator sells a stock short for $50 a share. The company pays a $2 annual cash dividend. After a year has passed, the seller covers the short position at $42. What is the percentage return on the position (excluding the impact of any interest expense and commissions)?
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Expert's answer
2014-04-15T08:34:55-0400
The answer to the question is available in the PDF file https://assignmentexpert.com/https://assignmentexpert.com/homework-answers/mathematics-answer-41285.pdf

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