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An investor short sells 300 shares of a stock for $ 20.76 per share. The initial margin is58%, and the maintenance margin is 25 %.

An investor short sells 300 shares of a stock for $ 20.76 per share. The initial margin is58%, and the maintenance margin is 25 %. The price of the stock rises to $ 28.54 per share. What is the margin, and will there be a margin call?

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