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XYZ Traders sold short 500 shares of ABC Company at $25 per share. The initial margin requirement was 40%. (The margin account pays no interest.)

XYZ Traders sold short 500 shares of ABC Company at $25 per share. The initial margin requirement was 40%. (The margin account pays no interest.) How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position?

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