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an investor short sell 700 shares of IOE incorporated, a security which is eligible for reduced margin, at $22. it closes the day at $24.

an investor short sell 700 shares of IOE incorporated, a security which is eligible for reduced margin, at $22. it closes the day at $24. what is the additional margin required?

A. $6440

B. $9360

C. $14270

D. $20600

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