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You sold short 100 shares of a common stock at $80 per share. The initial margin is 55%. How much money do you need to
You sold short 100 shares of a common stock at $80 per share. The initial margin is 55%. How much money do you need to put into your account to satisfy the initial margin requirement? a) $3,000 b) $5,000 c) $4,750 d) $4,400 e) $2,950
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