Multiple Choice
Assume you sold short 100 shares of common stock at $70 per share. The initial margin is 50%. What would be the maintenance margin if a margin call is made at a stock price of $85?
A) 40.5%
B) 20.5%
C) 35.5%
D) 23.5%
Correct Answer:
Verified
Correct Answer:
Verified
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