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2) You sell short 1 share of ABC stock at $40 per share. The initial margin is 50% and the maintenance margin is 30%. I)

2) You sell short 1 share of ABC stock at $40 per share. The initial margin is 50% and the maintenance margin is 30%.

I) How much do you have at the margin account including your initial margin? (15points) II) At what price will you get a margin call? (15points)

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