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Business, 18.07.2019 05:40 demetriascott20

Old economy traders opened an account to short-sell 1,000 shares of internet dreams at $50 per share. the initial margin requirement was 50%. (the margin account pays no interest.) a year later, the price of internet dreams has risen from $50 to $55.50, and the stock has paid a dividend of $6.50 per share. a. what is the remaining margin in the account?

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