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You have been bearish in Tesla for some time and after watching this stock going up substantially, you feel is the time to be more
You have been bearish in Tesla for some time and after watching this stock going up substantially, you feel is the time to be more bearish. You have decided to Sell Short 500 shares of at the current price of $111.81. The initial margin requirement is 51% and you fully used it. The maintenance margin requirement is 21\%. At which share price will you receive a Margin Call? Enter your answer in the box below and round to two decimals
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