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37. Suppose that you sell short 250 shares of Intel, which is currently selling for $20 per share. Your broker requires 40% in itial margin

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37. Suppose that you sell short 250 shares of Intel, which is currently selling for $20 per share. Your broker requires 40% in itial margin in short sales, which you covered using the T-bills in your account. (3+ 7- 10 points L YOUR WORK How much money do you need to start the trade? How much money would you have to put into your account in order to satisfy the maintenance margin requirement (which is 20%) if the price suddenly jumped to $31 a share

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