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You short 1000 shares of stock Y at $32 per share, posting 50% initial margin. The stock paid $0.5 dividend per share. Later you closed

You short 1000 shares of stock Y at $32 per share, posting 50% initial margin. The stock paid $0.5 dividend per share. Later you closed the position at $27. Your rate of return on the short is _____%?

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