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You decide to short sell 100 shares in Topple Pty Ltd as you believe the prices are going to fall. The initial margin is 40

You decide to short sell 100 shares in Topple Pty Ltd as you believe the prices are going to fall. The initial margin is 40 percent and Topple Pty Ltd is currently selling at $42 per share. How much money do you need to have in your margin account to complete the transaction?

Group of answer choices

$4,200

$10,500

$2,520

$1,680

None of the above

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