You have shorted 10,000 shares of Citigroup stock at $40 per share. Assuming a 50%...
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Accounting
- You have shorted 10,000 shares of Citigroup stock at $40 per share. Assuming a 50% initial margin requirement (IMR) and a 40% minimum maintenance requirement (MMR), at what price (per share) will you receive a margin call from your broker?
- $10.00
- $42.86
- $46.15
- Impossible to determine
- $10.00
- $42.86
- $46.15
- Impossible to determine
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