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Please use the information below to answer the question: Number of shares shorted.............................................................................. 7 0 Short sale price......................................................................... $ 1 5 0 Initial margin.......................................................................... 7
Please use the information below to answer the question:
Number of shares shorted..............................................................................
Short sale price......................................................................... $
Initial margin..........................................................................
Current price......................................................................... $
Cumulative dividends per share paid since short sale date............................................................................ $
Maintenance margin requirement..........................................................................
Based on this information, what is your current margin?
Less than
Between and
Between and
More than
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