If the maintaince margin is 30 what is the minimum change


A trader opens a brokerage account and short sells 300 sharesof a risky stock at $55 per share. She deposits $8000 cash into her account. If the maintaince margin is 30%, what is the minimum change (accurate to 2 decimal places) in the stock price that will trigger a margin call?

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Finance Basics: If the maintaince margin is 30 what is the minimum change
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