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You sold 100 shares of a stock short @ $50 per share with 50% initial margin. If the stock goes to $40 share, please calculate
You sold 100 shares of a stock short @ $50 per share with 50% initial margin. If the stock goes to $40 share, please calculate the current margin with cost to cover in the denominator?
A. 150%
B. 87.5%
C. 50%
D. 25%
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