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You sold short 1,000 shares of stock at a price of $36 and an initial margin of 55 percent. If the maintenance margin is 35
You sold short 1,000 shares of stock at a price of $36 and an initial margin of 55 percent. If the maintenance margin is 35 percent, at what share price will you receive a margin call? What is your account equity at this stock price? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Margin call price Account equity
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