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Ned Kelly short sells 3,000 shares of ATVI stock at $76.50 per share. The initia...
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Ned Kelly short sells 3,000 shares of ATVI stock at $76.50 per share. The initial margin is 70% and the maintenance margin is 50%. What price must ATVI be for Ned Kelly to receive the margin call? Assume that Ned receives a margin call when his equity exactly equals to the maintenance margin
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