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Sara believes that Rose, Inc., stock is going to fall and she has decided to sell 1,500 shares short. Assuming the initial margin is 65
Sara believes that Rose, Inc., stock is going to fall and she has decided to sell 1,500 shares short. Assuming the initial margin is 65 percent and the current share price is $54, the short position and account equity values for this trade will be: 1. $62,550 and $61,000 respectively 2. None of these values 3. $52,650 and $81,000 respectively 4. $81,000 and $52,650 respectively
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