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What is margin when aapl price goes up to per share

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Reference no: EM132996200

Problem 1: Suppose that a stock trader has short sold 100 shares of AAPL for $150 per share. He made a deposit of $7500 in his margin account. When AAPL price goes up to $160 per share, what is his margin?

Group of answer choices

Option 1: 50%

Option 2: 45%

Option 3: 41%

Option 4: 44%

Reference no: EM132996200

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