Last week, you sold 800 shares of Ace stock for $24,000. The sale was a short sale with an initial margin requirement of 70 percent. The maintenance margin is 40 percent. Some positive news concerning the company was released last night and the stock price jumped this morning to $35 share. Wh is your current margin position in this stock? Multiple Choice 61.33 percent 27.50 percent 38.68 percent 45 71 percent 96.61 DECOR