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Julie Baskoff has sell short 300 shares of Watercraft Industries at 92 on margin. The leverage ratio is 1.66667 and her broker requires a
Julie Baskoff has sell short 300 shares of Watercraft Industries at 92 on margin. The leverage ratio is 1.66667 and her broker requires a 35% maintenance margin. If price went up 15% dividends is $1.5 and interest is 0.065 What is account value What is the new equity at what price there will be a margin call? WHAT IS YOUR RETURN
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
