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You opened an account to short-sell 100 shares of Internet Hopes. The initial margin requirement was 50%. (The margin account pays no interest.) A year
- You opened an account to short-sell 100 shares of Internet Hopes. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Hopes has fallen from $40 to $30, and the stock has paid a dividend of $2 per share. What is the remaining margin in the account?
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School Finance And Business Management Optimizing Fiscal Facility And Human Resources
Authors: Craig A. Schilling, Daniel R. Tomal
2nd Edition
1475844026, 978-1475844023
