FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An investor short sells 75 shares of a stock for $67.73 per share. The inital margin is 55%, and the maintenance margin is 39%. The

An investor short sells 75 shares of a stock for $67.73 per share. The inital margin is 55%, and the maintenance margin is 39%. The price of the stock rises to $81.94 per share. What is the margin, and will there be a margin call?
The margin in the account is what percent?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

3. An element of surrealism is a common device in horror and fantasy movies, as they prime the audience to suspend disbelief. Whether you want to create this impression for the entire film or for...

Answered: 1 week ago

Question

★★★★★
Park and Go, near an airport, incurred the following costs to acquire land, make land improvements, and construct and furnish a small building: Park and Go depreciates land improvements over 20...

Answered: 1 week ago

Question

★★★★★
Outstanding stock of the Waterway Corporation included 21500 shares of $5 par common stock and 4700 shares of 6%, $10 par noncumulative preferred stock. In 2019, Waterway declared and paid dividends...

Answered: 1 week ago

Question

★★★★★
column of the follawing table. indicate how sutable, mow or in the future, the plan options are for you. 2. Buldere Toas Con firaneial Pian Wathket Qupper lit Coppotio o 2022 hartas Canoda he...

Answered: 1 week ago

Question

★★★★★
Assume that the classical economic order quantity model suggests Q0 = 25 for a certain item. However, for some practical reasons the order quantity has to be a multiple of 10. What is then the best...

Answered: 1 week ago

Question

★★★★★
b) At a certain terminal, the arrival distribution of trucks is found to be Poisson with 3 trucks arriving per hour. The service time is exponentially distributed with unloading rate of 4 trucks per...

Answered: 1 week ago

Question

★★★★★
From the perspective of a training manager (or professional trainer) how does the analysis of the work environment help 1) diagnose performance problems. 2) contribute to the success or failure of...

Answered: 1 week ago

Question

★★★★★
He noticed that steel drums were in the hole, and noticed they were leaking. He called the county and they investigated. There were toxic chemicals going into the ground. Below the ground was the...

Answered: 1 week ago

Question

★★★★★
I need help expanding on this essay about this case study. Here is the summary I got for you and I will also attach the reading incase you need it. Please help me get 6 references for this that tie...

Answered: 1 week ago

Previous Question Next Question