Question
You have two T-Bills you purchased for $9,400.00 and decide to use as collateral to short the maximum number of shares. The initial margin is
You have two T-Bills you purchased for $9,400.00 and decide to use as collateral to short the maximum number of shares. The initial margin is 40%.
How much are the accounts total equities?
Total assets?
| Symbol | Close | Net Chg | Volume | 52 week high | 52 week low | Div | Yield | P/E | YTD% Chg |
| BB | 100 | +2.00 | 403,000 | 56.00 | 37.29 | 2.00 | 2 | 25 | 5.0 |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J Hughes
9th Edition
0073382329, 9780073382326
