Question
you are berish on telecom and decide to shell short 100 shares at the current market price of $31 per share. a. how much in
you are berish on telecom and decide to shell short 100 shares at the current market price of $31 per share.
a. how much in cash or securities must you put into your brokerage if the broker initial margin requirement is 50% of the short position?
$
b. how high can the price of the stock go before you get a margin call if maintenance is 30% of the value short position?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
