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You sold short 500 shares of XYZ stock currently priced at $100. Your initial margin requirement was 50%. If interest rate is 0% and the

You sold short 500 shares of XYZ stock currently priced at $100. Your initial margin requirement was 50%. If interest rate is 0% and the stock is selling at $115, compute the ROE on your margined position. Ignore transactions costs.

Options : +30% -30% -20% +20%

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