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Suppose you recently performed a short sale on IBM stock at $ 1 7 4 / share . Initial margin 5 5 % , maintenance

Suppose you recently performed a short sale on IBM stock at $

174 /

.

Initial margin

55 %,

maintenance margin

35 % .

Suppose after the short sale, IBM stock price immediately increasesto $

200 /

.

Will there be a margin call? Show all margin calculations.

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