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You sell short 390 shares of Microsoft which are currently selling at $36 per share. You post the 44% margin required on the short sale.

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You sell short 390 shares of Microsoft which are currently selling at $36 per share. You post the 44% margin required on the short sale. If you earn no interest on the funds in your margin account what will be your rate of return after one year if Microsoft is selling at $32? (Ignore any dividends) Multiple Choice O 35.25% O 25.25% 21.25% None of these answers are correct

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