You sell short 200 shares of doggie treats inc that are, Ask an Expert

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You sell short 200 shares of Doggie Treats Inc. that are currently selling at $25 per share. You post the 50% margin required on the short sale. If your broker requires a 30% maintenance margin, at what stock price will you get a margin call? (You earn no interest on the funds in your margin account, and the firm does not pay any dividends.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91376695

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