Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An investor shorted 10 shares of a stock when its price was $75 with an initial margin of 50%. What is the investor's percent margin
An investor shorted 10 shares of a stock when its price was $75 with an initial margin of 50%. What is the investor's percent margin if the share price a week later is $90?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started