An investor has a margin account with $3,000 in cash deposited. The investor shorts $5,000...
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Finance
An investor has a margin account with $3,000 in cash deposited. The investor shorts $5,000 of shares priced at $50 per share. What is the margin level in the account if the price increases to 55? (State your answer to the nearest 2 decimals in a percentage point basis, so 85.25% would be entered " 85.25 below.)
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