Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You sell short 2 0 0 shares of DTI that are currently selling at $ 2 5 per share. You post additional $ 2 ,

You sell short 200 shares of DTI that are currently selling at $25 per share. You post additional $2,500 to meet the 50% initial margin requirement. What is your margin if the stock price changes to $23.8? Enter your answer as a decimal, rounded to three decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Capital Markets Institutions Instruments And Risk Management

Authors: Frank J. Fabozzi

5th Edition

0262029480, 9780262029483

More Books

Students also viewed these Finance questions

Question

Find r if r = ix + jy + kz.

Answered: 1 week ago

Question

=+4. What key skills are necessary to work in social media?

Answered: 1 week ago