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You want to short a security that is currently selling for $60 using all of your $12,000 (so you can short twice that much). If
You want to short a security that is currently selling for $60 using all of your $12,000
(so you can short twice that much). If the initial margin is 50% and the maintenance margin is25%, at what price (ignoring any interest requirements)would you receive a margin call?
A) $80
B) $72
C)$62
D) $45
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