18. Dinty Barbare short sells 500 shares of Naperville Products at $45 per share. The initial margin
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18. Dinty Barbare short sells 500 shares of Naperville Products at $45 per share. The initial margin and maintenance margin requirements are 55% and 35%, respectively.
If Naperville stock rises to $50, will Dinty receive a margin call?
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Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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