Question
*1 Assume an investor shorts 100 shares of a stock at $60 per share for a total stock value of $6,000 of stock on 50%
*1 Assume an investor shorts 100 shares of a stock at $60 per share for a total stock value of $6,000 of stock on 50% margin and the maintenance margin is 20%. How much must the investor deposit with the broker who is helping with the sale?
Group of answer choices
$4,800
$3,000
$9,000
$1,200
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
