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A portfolio manager purchases shares in YUL that are worth $2,000. At the same time, this manager goes short shares worth $700. What is the
A portfolio manager purchases shares in YUL that are worth $2,000. At the same time, this manager goes short shares worth $700.
What is the leverage factor?
_____
- 1.05
- 1.08
- 1.35
- 1.65
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