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David opened a position to buy 130 of Netfix at 458. To open the position. David put 26360 of his cash as equity. Today, the

David opened a position to buy 130 of Netfix at 458. To open the position. David put 26360 of his cash as equity. Today, the price of NFLX is 400. Assume that the initial margin is 25% and the maintenance margin is 15%. compute the return over equity for David.

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