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Question 13 You set short 200 shares of Doggie Treats Inc. that are currently selling at $40 per share. You post the 55% margin required

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Question 13 You set short 200 shares of Doggie Treats Inc. that are currently selling at $40 per share. You post the 55% margin required on the short sale. If your broker requires a 35% maintenan margin, at what stock price will you get a margin call? (You eam no interest on the finds in your margin account, and the firm does not pay any dividends)

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