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Based on the current market condition, you make the decision to sell 8 0 0 shares short of KLF . If the current share price

Based on the current market condition, you make the decision to sell 800 shares short of KLF. If the current share price is $47, construct the equity account balance sheet for this trade. Assume the initial margin is 60 percent.
Find the initial margin deposit. Input all amounts as positive values.
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