Question
An investor short-sold 500 shares of XYZ Company at $80. If the initial margin was 60% and the maintenance margin is 40%, what is the
An investor short-sold 500 shares of XYZ Company at $80. If the initial margin was 60% and the maintenance margin is 40%, what is the margin call triggering price for the short position?
Group of answer choices
$91.43
$93.50
$112.00
98.45
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
