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You decide to sell short 350 shares of MSFT at a price of $64.93 each. The initial margin requirement is 50%. Part 1 If the

You decide to sell short 350 shares of MSFT at a price of $64.93 each. The initial margin requirement is 50%.

Part 1

If the price of MSFT rises to $77.22 after 7 months, what is your new margin ratio? Enter your answer as a decimal (i.e. enter 0.01 for 1%).

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