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1 O You sell 8 1 0 shares of stock short at a price of $ 3 9 . 4 7 . The initial margin

1O
You sell 810 shares of stock short at a price of $39.47. The initial margin
requirement is 50% and the maintenance margin is 30%.
PBI1
How much money do you have to add to the account to meet the inital margin
requirement?
P8I42
At what price will you first receive a margin call?
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