37 Short selling requires initial equity 60% and minimum equity 30%. You short sell 100 shares of stock at and have total collateral of $33.60 per share. At what price is your equity exactly equal to the minimum equity of 30%? a) $22.40 b) $25.85 c) $26.88 d) $32.00 38. Short selling requires initial equity 60% and minimum equity 25%. You short sell 100 shares of stock. Your total collateral is $4,000. At what price is your equity exactly equal to the minimum equity of 25%? a) S12.60 b) $13.13 c) $25.85d) $32.00