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Question Completion Status QUESTION 35 Today, you short sold 1,100 shares of Jasper Industrial stock at $48 a share. The initial margin is 60 percent

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Question Completion Status QUESTION 35 Today, you short sold 1,100 shares of Jasper Industrial stock at $48 a share. The initial margin is 60 percent and the maintenance margin is 30 percent. Which one of the following is correct concerning your account balance sheet for this transaction? 0 You have an asset of $31,680 from the sale proceeds. 0 You have a liability from the short position of $21,120. D Your account equity is $21,120. D Your initial margin deposit is $15,840 D Your total assets are $84 480. QUESTION 36 Matt short sold 500 shares of Tall Pines stock at $19 a share at an initial margin of 65 percent. The maintenance margin is 35 percent. What is the highest the stock price can go before he receives a margin cal? $20.12 $21.48 $23.22 ) $24.07 $25.16 Click Save and Submit to save and submit. Click Save All Answers to save all answers Sive Al

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