Question: Scottie believed Apple Co . ( AAPL ) stock was overpriced at the price of $ 1 1 5 . She shorted 4 5 shares.
Scottie believed Apple CoAAPL stock was overpriced at the price of $ She shorted shares. The brokerage firm required an initial margin of and maintenance margin of The price, however, has been moving against Scottie's belief. If AAPL price increases from $ to $ how much would Scottie have to deposit in her margin account?
$ times
$
$ times
$ because the price hasn't reached the threshold yet.
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