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An investor short sells 300 shares of a stock for $27 per share. The initial margin is 45%. How much equity will be initially required

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An investor short sells 300 shares of a stock for $27 per share. The initial margin is 45%. How much equity will be initially required in the account to complete this transaction? In other words, what is the initial margin deposit? The initial margin deposit is $ (Round to the nearest dollar.)

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