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On 1 April, you sold short 500 shares of Gamestop at $120 per share. There was a 40% initial margin. The price rose to $136
On 1 April, you sold short 500 shares of Gamestop at $120 per share. There was a 40% initial margin. The price rose to $136 per share, and you closed out your short position at this price (you covered the short). Your broker charges $10 per trade. Assuming there were no other costs or taxes, what was your holding period return on this investment?
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