Compute your percentage return on that you invested

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Answer the following

Suppose you short sell 2,000 shares of Abercrombie and Fitch (ANF) at $50.00 per share and you give your broker $50,000 to establish your margin account.

What is your percentage return on the $50,000 that you invested, if the share price rises immediately to $56.00?

Reference no: EM132018842

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