If the stock price increases above a certain level p the


You sell short 100 shares of the QQP stock at $70 per share. Assume your broker requires an initial margin of 60% and a maintenance margin of 25%. If the stock price increases above a certain level, P, the percentage margin would drop below the maintenance margin of 25% and you will get a margin call. What is P?

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Finance Basics: If the stock price increases above a certain level p the
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