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Sarah believes that Royal Caribbean stock is going to decline in value so she is short selling 1,000 shares at $25 a share. Her initial
Sarah believes that Royal Caribbean stock is going to decline in value so she is short selling 1,000 shares at $25 a share. Her initial margin requirement is 70 percent and the maintenance is 30 percent. what is the highest the stock price can go before she receives a margin call?
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