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Stella wants to short 70 shares of Moderna. The current price of MRNA is $49.66. The initial margin is 39%, the maintenance margin is 26%.
Stella wants to short 70 shares of Moderna. The current price of MRNA is $49.66. The initial margin is 39%, the maintenance margin is 26%. The short interest is 66.58%. If the price of MRNA goes to $46.24 on year after, what is the equity in the position at the end of the first year.
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