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You sold short 600 shares of common stock at $23 per share. The initial margin is 50%. You must put up _________. A. $4,500 B.
You sold short 600 shares of common stock at $23 per share. The initial margin is 50%. You must put up _________.
| A. | $4,500 | |
| B. | $6,900 | |
| C. | $9,600 | |
| D. | $6,000 |
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The Economics Of Money Banking And Finance
Authors: Howells, Keith Bain
3rd Edition
0273693395, 978-0273693390
