Question: Suppose the initial margin m0=50% and the maintenance margin m1=30%. The current stock price is $68 per share, and you sell short 3000 shares of

Suppose the initial margin m0=50% and the maintenance margin m1=30%. The current stock price is $68 per share, and you sell short 3000 shares of the stock now. If you want to keep your short position after the third margin call, how much cash do you need in advance at least? Simply compute the sum of the initial margin amount, 1st extra margin, 2nd extra margin, and 3rd extra margin all together without time discount.

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