You sell short 200 shares of Doggie Treats Inc. that are currently selling at $45...
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You sell short 200 shares of Doggie Treats Inc. that are currently selling at $45 per share. You post the 60% 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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