Question: Initial margin req. = 50% Maintenance margin req. = 30% Shares = 1,000 You shorted a stock at $50 a share. The day after you

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

You shorted a stock at $50 a share. The day after you shorted it, the Fed raised the initial margin requirement to 60%. How much additional cash did you have to deposit?

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