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Your margin account requires an initial margin of 5 0 % , and a maintenance margin of 3 0 % . You deposit $ 7

Your margin account requires an initial margin of 50%, and a maintenance margin of 30%. You deposit $78,000 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 $112,000. What is your dollar return?

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