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Which of the statements below are correct concerning short sales of exchange-listed stocks? 1. Proceeds from the short sale must be kept on deposit with

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Which of the statements below are correct concerning short sales of exchange-listed stocks? 1. Proceeds from the short sale must be kept on deposit with the broker. 2. Short-sellers must post margin with their broker to cover potential losses on the position 3. The short-seller earns interest on any cash deposited with the broker that is used to meet the margin requirement O I, II, and III O l only I and il only I and Ill only

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