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May thinks that Facebook is going to go down, so she decides to sell 270 shares short at a price of $25 per share. May
May thinks that Facebook is going to go down, so she decides to sell 270 shares short at a price of $25 per share. May posts the 44% margin required. If May's broker requires a 20% maintenance margin, at what stock price will she get a margin call on this short trade?
Multiple Choice
$54.00
$25.00
$30.00
$20.00
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