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QUESTION
Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commision charge of 0.
Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commision charge of 0.5%. Supposing you pay commission charges for purchasing the security to cover the short-sale, how much profit have you made if you close the short-sale at a price of $29.87?
