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Business, 09.02.2022 22:10 amf14

Suppose that you sell short 500 shares of XTel, currently selling for $40 per share, and give your broker $15,000 to establish your margin account. Assume that XTel also paid a year-end dividend of $1 per share. What will be your rate of return after one year if XTel stock is selling at $44

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