Intro

You decide to sell short 340 shares at a price of $60 each. The initial margin requirement is 50%.

Attempt 1/1 for 10 pts.

Part 1

How much money do you have to contribute to the account?

Move on

Attempt 1/1 for 10 pts.

Part 2

If the price rises to $75 after 5 months, what is the new percentage margin?

3+ Decimals