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Business, 09.12.2021 03:30 Renarock

Matt short sold 900 shares of stock at $11.50 a share. The initial margin is 80 percent and the maintenance margin is 50 percent. The stock is currently selling for $5.80 a share. What is Matt's account equity at this time

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Matt short sold 900 shares of stock at $11.50 a share. The initial margin is 80 percent and the main...
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