Novavax, Inc. (Ticker: NVAX) sells short for $51.43 per share. An investor purchases 50 shares...
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Novavax, Inc. (Ticker: NVAX) sells short for $51.43 per share. An investor purchases 50 shares using a 50% margin. A month later, the price falls to $40. What amount of initial equity must you have to execute the trade? What is your equity position at the end of the month (%)?
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