Question
7. short-selling. P>$2 150% of market value Increasing amounts for lower valued shares Client wants to sell 1,000 shares of ABC at $5 (1)
7. short-selling. P>$2 150% of market value Increasing amounts for lower valued shares Client wants to sell 1,000 shares of ABC at $5 (1) what is the minimum margin required? (2 marks) (2) if the stock price increases to $6, how much money should the client put into the account? (2 marks) (3) if the stock price drops to $4 from $5, how much money does the client make or lose? (2 marks)
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Elementary Statistics
Authors: Robert R. Johnson, Patricia J. Kuby
11th Edition
978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502
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