Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

show step by step work and explanation for choice You entered a 1, 500 share short position in Pollution Co. at exist37/share, which is the

image text in transcribed

show step by step work and explanation for choice

You entered a 1, 500 share short position in Pollution Co. at exist37/share, which is the only position currently in this trading account. The initial margin you were required to post was 50% and the maintenance margin is 35%. You will get a margin call if the equity in your account declines by at least: A. exist5, 500 B. exist6,000 C. exist6, 500 D. exist7,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trade Union Finance

Authors: Marick F. Masters, Raymond Gibney

1st Edition

1032371382, 978-1032371382

More Books

Students also viewed these Finance questions

Question

Calculate variance and standard deviation using formulas

Answered: 1 week ago