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Assume you are bearish on stock NIIS. It is currently trading at $15, but you believe the price will fall to $8.17 soon. You decide

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Assume you are bearish on stock NIIS. It is currently trading at $15, but you believe the price will fall to $8.17 soon. You decide to short sell 100 shares. The broker charges you a share loan fee/interest of 1.41%. Assume you pay the fee when you start your short position. What is your expected return in percentage? Round your answer to two decimal places

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