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Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000 You shorted a stock at $33.61 a share. Your total assets were

Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000

You shorted a stock at $33.61 a share. Your total assets were $50,415. If the price increased to $40 a share, what was your actual margin?

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