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An investor sells short 1,500 shares of DEX at a price of $22, a security eligible for reduced margin. The next day, the shares close
An investor sells short 1,500 shares of DEX at a price of $22, a security eligible for reduced margin. The next day, the shares close at a price of $25 and the investor is required to deposit additioanl margin. How much does the investor need to deposit (dollar value of the investor's margin deficit)?
$5,850
$6,135
$9,900
$15,750
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