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Answer will be $26.00 but you give answer as per your calculation . please give correct answer . show all working with details explanation .
Answer will be $26.00 but you give answer as per your calculation . please give correct answer .
show all working with details explanation .
Ali Mehmood has sells short 30 equity stocks with an average price per share of $25 by depositing 30% as initial margin for his investment portfolio. The maintenance margin is 25%. Ignoring commissions, at what price will Mehmood first receive a margin call? A. $26.67. B. $23.33. C. $26.00Step by Step Solution
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