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You have shorted 10 shares in a company at $98. The initial margin was 50% and the maintenance margin is 30%. A few days after
You have shorted 10 shares in a company at $98. The initial margin was 50% and the maintenance margin is 30%. A few days after the transaction, the company paid $0.6 dividends and after another few days, the shares price went to $110. What is your percentage margin? Provide your answer in percent, rounded to two decimals, omitting the % sign.
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