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You short sell 1 0 0 shares of DarlaCo at $ 7 5 per share and make a margin deposit based on your broker's 6

You short sell 100 shares of DarlaCo at $75 per share and make a margin deposit based on your broker's 60% initial margin requirement (IMR). Exactly one year later, you close out your short position (i.e., you buy the shares back) when the stock is at $68 per share. DarlaCo does not pay a dividend.

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