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Manuel Jerez shorted 100 shares of GameStop at $180 per share. The initial margin is 50% and the margin call is 30%. At what price
Manuel Jerez shorted 100 shares of GameStop at $180 per share. The initial margin is 50% and the margin call is 30%. At what price per share would Mr. Jerez be subject to a margin call?
Formula P = ((Initial Margin Deposit + proceeds)/number of shares)) / 1 + Maintenance Margi
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