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An investor short sells 400 shares of a stock for $20.72 per share. The initial marqin is 54%, and the maintenance margin is 29%. The
An investor short sells 400 shares of a stock for $20.72 per share. The initial marqin is 54%, and the maintenance margin is 29%. The price of the stock falls to $13.29 per share. What is the margin, and will there be a margin call? The margin in the account is %. (Round to the nearest percent.) Because the current margin is Vthe maintenance margin, there be a margin call. (Select from the drop-down menus.)
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