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Suppose you are bearish (pessimistic) on GameLab stock and its market price is $84 per share. You sell short 500 shares, posting the broker's 50%
Suppose you are bearish (pessimistic) on GameLab stock and its market price is $84 per share. You sell short 500 shares, posting the broker's 50% margin requirement to do so. If the stock price drops to $80 per share, what will be your rate of return? Show your work
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