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cab you help me with the algebra in this i don't see how the price answer is solved to be 115.38 Short Sale - Margin

cab you help me with the algebra in this i don't see how the price answer is solved to be 115.38 image text in transcribed
Short Sale - Margin Call How much can the stock price rise before a margin call? Cash Sale Proceeds + Initial Margin Value of Stock Owed (Liability) Net Equity 15000-100P 30% 100P P = $15,000 (10,000 + 5,000) 100P 15,000 - 100P - p= 115.38 UCF 30 - Equity Sharus bomuel

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