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What is the total amount of margin

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Reference no: EM133065193

Question - "Shorty" Smith short-sold 700 shares of common stock in FIG Inc. at a price of $18 per share. This security is eligible for reduced margin requirement. What is the total amount of margin that "Shorty" Smith must deposit into his brokerage account related to this transaction?

Reference no: EM133065193

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