Question: Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000 You shorted a stock at $23.98 a share and closed out the

Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000

You shorted a stock at $23.98 a share and closed out the short at $19.22 a share. Your net cash inflow was $4,760. What was your return?

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