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1. Suppose that a short selling has a 50% initial margin and 30% maintenance margin. With a margin of $30,000 and a stock price of

1. Suppose that a short selling has a 50% initial margin and 30% maintenance margin. With a margin of $30,000 and a stock price of $100 one can sell short 600 shares. How much can the stock price rise before there is a margin call?

A. $115.38

B. $150

C. $105

D. $120

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