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An investor short sells 500 shares of a stock for $33 per share. The initial margin is 60%. How much equity will be required in
An investor short sells 500 shares of a stock for $33 per share. The initial margin is 60%. How much equity will be required in the account to complete this transaction? The initial margin deposit is $ (Round to the nearest dollar.) Step by Step Solution
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
