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A client sells short 5 0 0 shares of SLE ( not eligible for reduced margin ) at ( $ 6 )

A client sells short 500 shares of SLE (not eligible for reduced margin) at \(\$ 6\) a share. Calculate the minimum amount of margin required at the time of sale. a)\(\$ 3,000\) b)\(\$ 1,500\) c)\(\$ 3,900\) d)\(\$ 900\)
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