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Zain believes that shares of Draper currently trading at $98, will fall in the near future. He decides to sell short 114 shares, with an
Zain believes that shares of Draper currently trading at $98, will fall in the near future. He decides to sell short 114 shares, with an initial margin with his broker at 45%. Subsequently, the shares rise to $127. What is his profit or loss in this scenario?
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