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Terry Dactel has decided to sell 100 shares of Builtrite short-which are currently selling at $50 a share using 60% margin. Later, Bulltrite is selling

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Terry Dactel has decided to sell 100 shares of Builtrite short-which are currently selling at $50 a share using 60% margin. Later, Bulltrite is selling for $44 a share and Terry decides to close out his account. What is his approximate return on investment (ROI)? 10% 13 16" 20%

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