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5. (10 points) An investor with $10,000 in her account faces an initial margin requirement of 60% and a maintenance margin requirement of 50%. She

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5. (10 points) An investor with $10,000 in her account faces an initial margin requirement of 60% and a maintenance margin requirement of 50%. She shorts 400 shares at price p and gets a margin call when the price reaches $40 per share. Find p, and verify that she satisfied the initial margin requirement at the time of the short sale

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