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Suppose that you sell short $1,000 shares of Xtel, currently selling at $30 per share and give your broker $20,000 to establish your margin account

Suppose that you sell short $1,000 shares of Xtel, currently selling at $30 per share and give your broker $20,000 to establish your margin account
1. If the maintenance margin is 25% how high can Xtels price rise before you get a margin call?

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