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ou can leave this tab open while you answer the question Question 34 (5 points) Transcanada Corp. Is selling at $60/share and you expect the
ou can leave this tab open while you answer the question Question 34 (5 points) Transcanada Corp. Is selling at $60/share and you expect the price to drop. You have $3,750 to use as your short deposit and instruct your broker to sell short as many shares as possible given your investment. When the market price drops to $40/share you instruct your broker to cover your position. The maintenance margin is 140%. a. How many Transcanada Corp. shares will you purchase? b. How much, if anything, will you borrow from the broker? c. What is your capital gain? d. What is your yield? e. If you receive a margin call, what happens to the money that you will give your broker
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