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You sell short 500 shares of Microsoft that are currently selling at $25 per share. You post the 50% margin required on the short sale.

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You sell short 500 shares of Microsoft that are currently selling at $25 per share. You post the 50% 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 1 year if Microsoft is selling at $21? (Ignore any dividends.) O 16.00% 24.00% O 32.00% 56.00%

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