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Please help in the next few hours and I will give 5 stars!! You short sold 700 shares of stock at a price of dollar44
Please help in the next few hours and I will give 5 stars!!
You short sold 700 shares of stock at a price of dollar44 and an initial margin of 50 percent If the maintenance margin is 25 percent. at what share price will you receive a margin call? What is your account equity at this stock price? (Do not round intermediate calculations. Round Margin call price to 2 decimal places. Omit the ^''dollar^'' sign in your response.) Margin call price dollar Account equity dollarStep by Step Solution
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