Question
You are bearish on Telecom stock. The current market price is $84 per share, and you wish to SHORT 500 shares. Your plan is to
You are bearish on Telecom stock. The current market price is $84 per share, and you wish to SHORT 500 shares. Your plan is to borrow stocks at the maximum possible amount allowed under the initial margin requirement of 100%. How far does the price of Telecom stock have to rise for you to get a margin call if the maintenance margin is 30%?
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
