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Will upvote if correct round to 4 decimal places A trader shorts 370 shares of OverPriced.com at $9.97 per share. Initial margin requirements are 52%.

Will upvote if correct round to 4 decimal places

A trader shorts 370 shares of OverPriced.com at $9.97 per share. Initial margin requirements are 52%.

The trader closes the position at a price of $11.93. What is the holding period return for the trade?

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