[Solved] Edi sold short 100 shares of stock at $35

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Edi sold short 100 shares of stock at $35 per share. The initial margin is 70% and the maintenance margin is 40%. What is the

Edi sold short 100 shares of stock at $35 per share. The initial margin is 70% and the maintenance margin is 40%. What is the total dollar amount of the deposit in Edi's margin account?

A. 3,500

B. 2,450

C. 5,950

D. 1,400

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