What is pauls rate of return on his short sale

Reference no: EM133559729

Question: Paul short sells 100 shares of Nvidia at $ 388/share. The initial margin is 50%. A year from now the stock pays $ 18/share in dividends, the stock price is $ 370/share and Paul closes his position. What is Paul's rate of return on his short sale?

Reference no: EM133559729

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