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Casandra sold short 100 shares of CureAll stock at $100/share. Since the initial margin is set at 50%, she needs to post $5,000 margin with
Casandra sold short 100 shares of CureAll stock at $100/share. Since the initial margin is set at 50%, she needs to post $5,000 margin with the broker. Assume the broker requires a 30% subsequent maintenance margin.
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