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An investor short sells 300 shares of a stock for $69.74 per share. The initial margin is 54%, and the maintenance margin is 35%. The
An investor short sells 300 shares of a stock for $69.74 per share. The initial margin is 54%, and the maintenance margin is 35%. The price of the stock rises to $82.19 per share. What is the margin, and will there be a margin call? The margin in the account is %. (Round to the nearest percent.)
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