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.
Question 14 options:
26.31
25.12
46.78
32.45
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Get StartedRecommended Textbook for
Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
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