Question: Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000 You shorted a stock whose current price is $65 a share. Your

Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000

You shorted a stock whose current price is $65 a share. Your equity is $16,315, and you cant meet a margin call. What is the reduction needed to decrease the market value of this stock?

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