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13. An investor purchases 100 shares of xyz stock at 67 and 1/2 and writes an at-the-money call for a total premium of $375. Margin

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13. An investor purchases 100 shares of xyz stock at 67 and 1/2 and writes an at-the-money call for a total premium of $375. Margin requirements are at 50%. What is the net cash deposit that is required in his margin account? a. 3,000 b. 2,000 c. 2.187.50 d. 3,375 e. none of the above

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