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You sell short 350 shares of Doggie Treats Inc. Which are currently selling at $27 per share. You post the 58% margin required on the

You sell short 350 shares of Doggie Treats Inc. Which are currently selling at $27 per share. You post the 58% margin required on the short sale. If your broker requires a 24% maintenance margin, at what stock price will you get a margin call? (You earn no interest on the funds in your margin account and the firm does not pay any dividends) Multiple Choice $58.40 $34.40 $29.40 $24.40

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