Question
You are bearish on XYZ Co. stock and short sell 290 shares at stock price of $112.7 per share. Your broker requires initial margin of
You are bearish on XYZ Co. stock and short sell 290 shares at stock price of $112.7 per share. Your broker requires initial margin of 70%, which you meet initially, and has a maintenance margin requirement of 20%. What is on the asset side of the initial t-account?
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Startup CFO The Finance Handbook For Your Growing Business
Authors: Kyle Brennan
1st Edition
1790959403, 978-1790959402
