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You sell short 5 0 0 shares of Pinterest Corporation that are currently selling at $ 4 0 per share. You post the 5 0

You sell short 500 shares of Pinterest Corporation that are currently selling at $40 per share. You post the 50% margin required on the short sale. Assume that you earn no interest on the funds in your margin account and that the firm does not pay any dividends. If your broker requires a 30% maintenance margin, how high can the stock price reach before you get a margin call?
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