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You Sold Short 300 Shares of Common Stock at $55

Question 66

Multiple Choice

You sold short 300 shares of common stock at $55 per share.The initial margin is 60%.At what stock price would you receive a margin call if the maintenance margin is 35%


A) $51.00
B) $65.18
C) $35.22
D) $40.36

Correct Answer:

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