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Ms . Speculator sold short 1 5 , 0 0 0 shares of TPHB on October 1 , 2 0 1 9 at $ 3
Ms Speculator sold short shares of TPHB on October at $ and covered her position
on February at $
a How much money did Ms Speculator need to deposit to her margin account on October
$
b How much money did Ms Speculator make? What was her rate of return on the investment?
$;
initialmaintenance margins are
for short sales
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