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On 1 April, you sold short 700 shares of GameStop (GME) at $100 per share. There was a 50% initial margin. The price rose to
On 1 April, you sold short 700 shares of GameStop (GME) at $100 per share. There was a 50% initial margin. The price rose to $118 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 (e.g., margining costs or additional capital for margin calls), what was your holding period return on this investment? Enter your answer in raw decimal form to four (4) decimal places. For example, "6.149%" should be entered as "0.0615
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