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A hedge fund with $ 1 0 million in net asset value has taken a long $ 1 0 million positon in AA Inc. and
A hedge fund with $ million in net asset value has taken a long $ million positon in AA Inc. and a short $ million position in BB Inc. Both positions were opened at $ per share. The margin requirement is The BB share continues to trade at $ while the share price of AA decreases. At which price will the hedge fund be forced to reduce its positions?
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