Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 27, 2024

You sell short 100 shares of doggie treats inc., which are currently selling at $40 per share. You post the 80% margin required on the

You sell short 100 shares of doggie treats inc., which are currently selling at $40 per share. You post the 80% margin required on the short sale. If your broker requires a 20% maintenance margin, at what stock price will you get a margin call?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

8th Edition

007322359X, 9780073223599

More Books

Students also viewed these Finance questions

Question

★★★★★

The gradient of a scalar function T is given by If T =10 at z =0, find T 􀀀z VT = e-3.

Answered: 1 week ago

Question

★★★★★

An engineer deposited her annual bonus of $10,000 into an account that pays interest at 8% per year, compounded semiannually. She withdrew $1000 in months 2, 11, and 23. Now, she wants to know the...

Answered: 1 week ago

Question

★★★★★

What do you think Sterling meant when he said his comments were a terrible mistake? What mistake do you think he was referring to?

Answered: 1 week ago

Question

★★★★★

MidWest Amusements is in the process of reviewing 10 proposals for new rides at its theme parks in cities scattered throughout the American heartland. The companys only experienced safety engineer...

Answered: 1 week ago

Question

★★★★★

Profits have been decreasing for several years at Pegasus Airlines. In an effort to improve the company's performance, the company is thinking about dropping several flights that appear to be...

Answered: 1 week ago

Question

★★★★★

The cost of a lubricant used for automated machining operations tends to vary with the speed of machine operations, and the machine is converted into units of product manufactured each hour....

Answered: 1 week ago

Question

★★★★★

we look at how companies use CRM, SCM, and ERP to gain a competitive advantage and run more efficiently. Find an industry/business or company currently using one of those technologies (CRM, SCM,...

Answered: 1 week ago

Question

★★★★★

1. What are the practices that Xerox used in its TQM implementation? Discuss. 2. What are some barriers that you think Xerox has faced during TQM implementation? Relate them. 3. Does TQM...

Answered: 1 week ago

Question

★★★★★

An automobile manufacturer based in Lexington, Kentucky, wants to move production jobs from Japan to Mexico so that it can be more responsive to changing demands in its North American markets. Which...

Answered: 1 week ago

Question

★★★★★

Two weeks after they were told about the city's proposal to demolish the neighborhood playground and build a parking lot, Diana approached Tony as they were heading to another neighborhood...

Answered: 1 week ago

Question

★★★★★

#3. Test to see if there is a significant difference between the age of the participant and the age of the partner. Use a paired-sample t-test and an alpha level of 1%. How would you interpret the...

Answered: 1 week ago

Question

★★★★★

OUTCOME 4 Identify the different types of alternative dispute resolution methods and procedures.

Answered: 1 week ago

Question

★★★★★

2. In what ways, if any, does a unionized employee have greater protection from dismissal than a nonunionized employee in the Canadian model? Do you think that is fair or not? Why?

Answered: 1 week ago

Question

★★★★★

8. What do you think would constitute an effective ADR system? What benefits would you expect from such a system? If you were asked to rule on a discharge case, what facts would you analyze in...

Answered: 1 week ago

Previous Question Next Question