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You sold short 409 shares of common stock at $19 per share. The initial margin is 63%. You must put up how much your own
You sold short 409 shares of common stock at $19 per share. The initial margin is 63%. You must put up how much your own equity?
You purchased 200 shares of ABC common stock on margin at $53 per share. Assume the initial margin is 50% and the maintenance margin is 30% and there is no interest on borrowed amount. You will get a margin call if the stock drops below what price?
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