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You sell 100 shares of PGD short at a price of $40 per share. How much is your initial margin given current margin requirements of

You sell 100 shares of PGD short at a price of $40 per share. How much is your initial margin given current margin requirements of 40%? (b). If the stock declines from $40 to $30 per share what is your percentage gain or loss on the initial equity? (c). If the stock increase from $40 to $65 per share what is your percentage gain or loss on the initial equity?

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