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Posted on Sep 05, 2024

You sold short 1 0 0 shares of Nikola common stock at $ 4 5 per share. The initial margin is 4 0 % .

You sold short

100

shares of Nikola common stock at $

45

per share. The initial margin is

40 % .

At what stock price would you receive a margin call if the maintenance margin is

40 % ?

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