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Hi There, Could someone please explain to me and help me understand on how to get to the right answers? The answers in the box
Hi There,
Could someone please explain to me and help me understand on how to get to the right answers? The answers in the box are the right answers. Thank You,
(Click the icon to view the margin requirements on short positions.) a. How much does she need to deposit in her margin account to complete this short sale? Margin Requirements on Short Positions b. How much does she need to deposit in her margin account if the original stock price was $1.60 ? a. How much does she need to deposit in her margin account to complete this short sale? The margin required is $. (Round to the nearest dollar.) ListedStockPrice$2.00ormore$1.50to$1.99$0.25to$1.49Under$0.25MarginRequired150%ofmarketvalue$3.00pershare200%ofmarketvalueMarketvalueplus$0.25pershare b. How much does she need to deposit in her margin account if the original stock price was $1.60? The margin required is $ (Round to the nearest dollar.)Step by Step Solution
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