An investor short sells 100 shares of a stock for $20 per share. The initial margin is

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An investor short sells 100 shares of a stock for $20 per share. The initial margin is 50%. Ignoring transaction costs, how much will be in the investor's account after this transaction if this is the only transaction the investor has undertaken and the investor has deposited only the required amount?
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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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