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You sold short 100 shares of Nikola common stock at $45 per share. The initial margin is 65%. At what stock price would you receive
You sold short 100 shares of Nikola common stock at $45 per share. The initial margin is 65%. At what stock price would you receive a margin call if the maintenance margin is 35%?
a. $65
b. $55
c. $50
d. $40
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