19. Willie Keeler short sold 300 shares of Sun Prairie Foods stock for $42 per share. The...
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19. Willie Keeler short sold 300 shares of Sun Prairie Foods stock for $42 per share. The initial margin requirement is 50% and the maintenance margin requirement is 40%. To what price can the stock rise before Willie receives a margin call?
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Related Book For 
Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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