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what is the holding period return for the following short sale round trip transaction: 200 shares sold at $40/share and bought back at $33/share (rounded

what is the holding period return for the following short sale round trip transaction: 200 shares sold at $40/share and bought back at $33/share (rounded % to three places after decimal)? NOTE: use short sale initial margin requirements per Regulation T.

Correct answer is 35. But how do you find this answer? Thanks!

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