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Your awesome broker requires an initial margin of 5 0 % , and a maintenance margin of 3 0 % on a margin account. You

Your awesome broker requires an initial margin of 50%, and a maintenance margin of 30% on a margin account. You deposit $24,000 cash in a brokerage account and short sell stocks using all available margin and borrowing the rest from your broker. Later, the value of your stock holdings goes to $56,000. What is your percentage return?
-30.80%
-33.33%
33.33%
100.00%
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