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Suppose you enter into a short position for 500 shares when the share price for Green Acre Industries share price is $33. One month later

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Suppose you enter into a short position for 500 shares when the share price for Green Acre Industries share price is $33. One month later Green Acre Industries is trading at $36 a share. What is the margin in your account (expressed as a percent)? Assume that the initial margin requirement is 60% and Green Acre Industries does not pay a dividend

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