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8. Today, you short sell 200 shares of stock at $34 a share. The initial margin is 60% and the maintenance margin is 30%. Which

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8. Today, you short sell 200 shares of stock at $34 a share. The initial margin is 60% and the maintenance margin is 30%. Which of the following is correct concerning your account balance sheet for this transaction? A) You have an asset of $4,080 from the proceeds B) You have a liability from the short position of $2,720 C) Your initial margin is $2,720 D) Your account equity is $4,080 E) Your total assets are $6,800

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