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You believe that Rose, Inc., stock is going to fall and youve decided to sell 1,000 shares short. If the current share price is $66,
You believe that Rose, Inc., stock is going to fall and youve decided to sell 1,000 shares short. If the current share price is $66, construct the equity account balance sheet for this trade. Assume the initial margin is 100 percent.
(Fill in blanks)
Assets | Liabilities and account equity | ||
Proceeds from Sale | $____ | Short Position | $____ |
Initial Margin deposit | ____ | Account Equity | ____ |
Total | $____ | Total | $____ |
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