You just sold short 1,200 shares of Wetscope, Inc., a fledgling software firm, at $82 per share. You cover your


Question:


You just sold short 1,200 shares of Wetscope, Inc., a fledgling software firm, at $82 per share. You cover your short when the price hits $72.50 per share one year later. If the company paid $.37 per share in dividends over this period, what is your rate of return on the investment




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