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Janet has $100k. She borrows an additional $50k, sells short $50k of stock A, and invests $200k in stock B. After a year, A appreciates
Janet has $100k. She borrows an additional $50k, sells short $50k of stock A, and invests $200k in stock B. After a year, A appreciates by 3% and B by 8%. Janet pays 1% for the amount she borrowed. What is her overall rate of return?
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