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The answer is 0.29. I dont know how to get the answer. You sold short 200 shares of Stock B at $25 per share. You

image text in transcribedThe answer is 0.29. I dont know how to get the answer.

You sold short 200 shares of Stock B at $25 per share. You have put additional $2,500 to meet the initial margin requirement. What is the margin of your account if the stock price rises to $29? Enter your answer as a decimal, rounded to two decimal places. Answer: 0.57 x (0.29)

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