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Business, 11.05.2021 23:20 JayJaYMoney251

You sell short 300 shares of MMM that are currently selling at $28 per share. You post the 50% margin required on the short sale. If you earn no interest on the funds in your margin account, what will be your rate of return after 1 year if MMM is selling at $25? (Ignore any dividends.)

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You sell short 300 shares of MMM that are currently selling at $28 per share. You post the 50% margi...
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