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Business, 18.05.2021 19:20 kers

Old Economy Traders opened an account to short-sell 1,900 shares of Internet Dreams at $58 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 $58 to $60, and the stock has paid a dividend of $3.50 per share. a. What is the remaining margin in the account

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Old Economy Traders opened an account to short-sell 1,900 shares of Internet Dreams at $58 per share...

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