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You short 1 0 0 shares of 3 M ( MMM ) at $ 2 0 0 per share and give your broker $ 1
You short shares of MMM at $ per share and give your broker $ to establish your margin account. One year has passed and MMM paid a dividend of $ per share. If you earn no interest on the funds in your margin account, what will be your rate of return after one year if MMM stock is selling at $
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