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Question: you just sold short 450 shares of wetscope inc a...

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You just sold short 450 shares of Wetscope, Inc., a fledgling software firm, at $99 per share. You cover your short when the price hits $89.50 per share one year later. If the company paid $0.81 per share in dividends over this period, what is your rate of return on the investment? Assume an initial margin of 60 percent

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