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Shares 1 , 0 0 0 requirement 3 0 % Initial margin requirement 5 0 % Maintenance margin 3 0 % You shorted a stock

Shares 1,000
requirement 30%
Initial margin requirement 50%
Maintenance margin 30%
You shorted a stock at $30 a share. The next day, the Fed raised the initial margin requirement to 60%. How much additional money would you need to deposit?
a none of the answers is correct
b 0
c $3.000
d $300

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