Abigail shorted 200 shares when MSFT's price was at $141. Within the next week the company paid $0.3 in dividends and the share price moved to $142. What was Abigail's profit in this short transaction? Provide your number in dollars, rounded to two decimals, omitting the $ sign

Answer rating: 100% (QA)

Step 12 The short seller will be negatively impacted by payment of dividend beca... View the full answer