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Question 4 1 pts David opened a position to buy 105 shares of Netflix (tic:NFLX)...

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Question 4 1 pts David opened a position to buy 105 shares of Netflix (tic:NFLX) at a $460. To open the position, David put 26,213 of his cash as equity. Today, the price of NFLX is $408. Assume that the initial margin is 25% and the maintenance margin is 14%. Compute the return over equity for David. Note: you need to compute first the amount borrowed

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