Question
The maintenance margin is 30%. Abby borrows 100 IBM shares from her broker and sell them at the price of $30 per share. The investor
The maintenance margin is 30%. Abby borrows 100 IBM shares from her broker and sell them at the price of $30 per share. The investor posts $1.5K as collateral in her account with the broker. (a) What is the margin of Abbys account? (b) At what price will Abby receive a margin call?
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Digital Currencies
Authors: Santiago Trevey
1st Edition
979-8353712886
