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Gary Johnson plans to short sell 400 shares at $20. The initial margin requirement is 50%. How much maximum they can borrow from the broker

Gary Johnson plans to short sell 400 shares at $20. The initial margin requirement is 50%. How much maximum they can borrow from the broker to complete the transaction? a $1,000 b. $2,000 c. $3,000 d. $5,000 e. $4,000

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