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Suppose you are bearish on ABC stock and you decide to short sell 100 shares of ABC stocks at $20 with an initial margin of

Suppose you are bearish on ABC stock and you decide to short sell 100 shares of ABC stocks at $20 with an initial margin of 60%. What is your return if the price of the ABC stock drops to $18?

10%

16.67%

20%

-10%

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