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Business, 05.08.2020 17:01 rightstrong9827

You short-sell 200 shares of Rock Creek Fly Fishing Co., now selling for $50 per share. You are required to post a 50% margin on the short sale. If your broker requires a 30% maintenance margin, at what price will you get a margin call? (Ignore interests and dividends) a. $62.50
b. 57.69
c. 56.25
d. 37.50

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