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Paul sells a stock short for $65.83 per share and buys it back 1 year later for $63.21 after he covers a $3.36 per share
Paul sells a stock short for $65.83 per share and buys it back 1 year later for $63.21 after he covers a $3.36 per share dividend. What is Pauls total return on this investment? (Round answer to 2 decimal places (e.g., 36.45). Use a negative sign for a negative return.)
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