Question: initial margin is 50% You are bearish on D&K App. and decide to sell short 100 shares at the current market price of $22.80 per

initial margin is 50%

You are bearish on D&K App. and decide to sell short 100 shares at the current market price of $22.80 per share, how high can the stock price of D&K App go before you get a margin call if the maintenance margin is 30% of the value of the short position. 46.78 26.31 32.45 25.12 Page 9 of 35

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