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Tina shorts ABC stock at $65. She closes her position by buying back ABC stock at $71. What is Tina's return on her stock trade?
Tina shorts ABC stock at $65. She closes her position by buying back ABC stock at $71. What is Tina's return on her stock trade? (Use $65 as initial equity invested) A) 8.69% B) 9.23% C) 9.69% D) 9.21%
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