1. short-selling.
   • P>$2 150% of market value
   • Increasing amounts for lower valued shares

• Client wants to sell 1,000 shares of ABC at $5

(1) what is the minimum margin required? (2 marks)

(2) if the stock price increases to $6, how much money should the client put into the account? (2 marks)

(3) if the stock price drops to $4 from $5, how much money does the client make or lose? (2 marks)