1 points Save Answer On January 1, you open a brokerage account and sell short 1,000 shares of Tesla, Inc. (NASDAQ: TSLA) at $18.00 per share. The initial margin requirement is 40.00% and the maintenance margin requirement is 30.0096. A year later, the price of TSLA is trading at $13.00, and the stock paid a dividend of 52.00 per share over the year. If you cover your short position on the close of December 31, what is your rate of return on the investment? 69.444 27.789 29.419 41.67% 97.229 1 points Save Answer On January 1, you open a brokerage account and sell short 1,000 shares of Tesla, Inc. (NASDAQ: TSLA) at $18.00 per share. The initial margin requirement is 40.00% and the maintenance margin requirement is 30.0096. A year later, the price of TSLA is trading at $13.00, and the stock paid a dividend of 52.00 per share over the year. If you cover your short position on the close of December 31, what is your rate of return on the investment? 69.444 27.789 29.419 41.67% 97.229