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The SHORT SALE of a stock at $60 with 50% initial margin would result in a margin call for 30% maintenance margin, if the stock
The SHORT SALE of a stock at $60 with 50% initial margin would result in a margin call for 30% maintenance margin, if the stock price rises to (Note: the percent equity formula is different for "buying using debt" and "short selling"):
A. $85.71
B. $60.41
C. $72.85
D. $69.23
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