Question: 30. Assume that the effective initial and maintenance margin percentages are 50% and 30% respectively. If you short-sell 10,000 shares of IBM @ $220, how

 30. Assume that the effective initial and maintenance margin percentages are

30. Assume that the effective initial and maintenance margin percentages are 50% and 30% respectively. If you short-sell 10,000 shares of IBM @ $220, how much initial margin must you post

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