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3. You are bearish on Pwc and decide to sell short 200 shares at the current market price of $60 per share. SSIGNMENT 1 a)

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3. You are bearish on Pwc and decide to sell short 200 shares at the current market price of $60 per share. SSIGNMENT 1 a) How much in cash/securities must you put into your brokerage account if the brokers initial margin requirement is 50% of the value of the short position? b) How far does the price of Pwc stock have to rise for you to get a margin call if the maintenance margin is 40%

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