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Intro The price of Apple stock is currently $94.01 and you decide to sell short 590 shares. The inital margin is 60%. Part 1 Attempt

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Intro The price of Apple stock is currently $94.01 and you decide to sell short 590 shares. The inital margin is 60%. Part 1 Attempt 1/10 for 10 pts. How much money do you have to contribute at least to the account? Part 2 Attempt 1/10 for 10 pts. If the price rises to $106.2, what is the new percentage margin? Part 3 Attempt 1/10 for 10 pts. If the broker's maintenance margin is 20%, what is the maximum value the stock price can take before you are issued a margin call

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