q29

You short-sell 200 shares of Rock Creek Fly Fishing Co. now seling for $40 per share. You are required to post a son margin on the short sale. If your broker requires a 35% maintenance margin, at what price will you get a margin call (ignore dividends and interests) $37.50 557.69 $59.75 $44.44 You short-sell 200 shares of Rock Creek Fly Fishing Co., now selling for $40 per share. You are required to post a 50% margin on the short sale. If your broker requires a 35% maintenance margin, at what price will you get a margin call? (Ignore dividends and interests) $37.50 $57.69 $59.75 $44.44