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You sell short 100 shares of the ERT stock at $60 per share. Assume your broker requires an initial margin of 50% and a maintenance
You sell short 100 shares of the ERT stock at $60 per share. Assume your broker requires an initial margin of 50% and a maintenance margin of 25%. If the stock price increases to $80, how much money do you have to add to your account to restore the maintenance margin of 25%?
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