Question: QUESTION 17 3 points Save Answer 17. You sell 3,000 shares short at 580. per share and the margin requirement is 40%. The stock rises

QUESTION 17 3 points Save Answer 17. You sell 3,000 shares short at 580. per share and the margin requirement is 40%. The stock rises to $100. per share. (a) What is the initial margin requirement expressed in dollars and cents? (b) What is the percent gain or loss on equity? Completely, clearly and precisely show the method by which and with which you solved this

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