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You decide to sell short 340 shares of Apple at a price of $76.31 each. The initial margin requirement is 50%. Part 1 If the

You decide to sell short 340 shares of Apple at a price of $76.31 each. The initial margin requirement is 50%.

Part 1

If the price of Apple rises to $88.6 after 9 months, what is your new margin ratio?

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