Question
You are bearish on D&K App. and decide to sell short 100 shares at the current market price of $22.80 per share, how high can
You are bearish on D&K App. and decide to sell short 100 shares at the current market price of $22.80 per share, how high can the stock price of D&K App go before you get a margin call if the maintenance margin is 30% of the value of the short position.
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
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