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56. You short-sell 200 shares of Rock Creek Fly Fishing Co., now selling for $50 per share. If you want to limit your loss to
56. You short-sell 200 shares of Rock Creek Fly Fishing Co., now selling for $50 per share. If you want to limit your loss to $2,500, you should place a stop-buy order at A. $37.50 B. $62.50 C. $56.25 D. $59.75 57. You purchased 200 shares of ABC common stock on margin at S50 per share. Assume the initial margin is 50% and the maintenance margin is 30%. You will get a margin call if the stock drops below (Assume the stock pays no dividends, and ignore interest on the margin loan.) A. $26.55 B. $35.71 C. $28.95 D. $30.77 58. You purchased 250 shares of common stock on margin for $25 per share. The initial of return would be if you sell the stock at S32 per share. Ignore interest on margi A. 35% B. 39% C. 43% D. 28% in is 65%, and the stock pays no dividend. Your rate
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