Question
An Investor short sells 75 shares of a stock for $69.00 per share. The initial margin is 60% and the maintenance margin is 40%. The
An Investor short sells 75 shares of a stock for $69.00 per share. The initial margin is 60% and the maintenance margin is 40%. The price of the stock falls to $57.00 per share. what is the margin, and will there be a margin call?
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
