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An investor short sells 200 shares of a stock for $ 20.58 per share. The initial margin is 60 % , and the maintenance margin
An investor short sells 200 shares of a stock for $ 20.58 per share. The initial margin is 60 % , and the maintenance margin is 27 %. The price of the stock falls to $ 13.12 per share. What is the margin, and will there be a margin call?
a. The margin in the account is nothing %. _______(Round to the nearest percent.)
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