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You initiate a short position of 400 shares of AMC Theatres (AMC). There is a 60% initial margin, and the current share price is $39
You initiate a short position of 400 shares of AMC Theatres (AMC). There is a 60% initial margin, and the current share price is $39 a share. If the maintenance margin is 30%, at what price would you get a margin call?
Enter your answer in raw decimal form to two (2) decimal places. For example, "$12,502.361" should be entered as "12502.36".
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