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Short-sale trade Requirement Initial margin 50% of market value Maintenance margin for short sale of stock is 30% of market value. Initial position Sell 100

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Short-sale trade Requirement Initial margin 50% of market value Maintenance margin for short sale of stock is 30% of market value. Initial position Sell 100 short shares of stock at $80 per share $8,000 must be pledged to broker pledge 50% margin, or $4,000 Now there is $12,000 in margin account What is the price for the margin call? 86.50 98.47 92.30 79.60 7 5 points You purchases 1.000 share of stund at a price of 10 per share at the beginning of the year. You paid a front-end load of 4%. The securities in which the fund invest increase in value by 15% during that year. The fund' expense ratio is 1.5%. What is your rate of return on the fund if you sell your share at the end of the year O 9.5% 15% 11% 13.5%

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