What is your rate of return on this position if you close


You sell short 200 shares at $50 per share. You post the 50% margin required for the short sale. Assume you earn no interest on your margin funds, nor pay any interest on the loan of shares. The company stock pays dividends of $0.28 per share every quarter. What is your rate of return on this position, if you close it out at $37 per share after one year?

Enter answer in percents, accurate to 2 decimal places.

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Financial Management: What is your rate of return on this position if you close
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