Answered step by step
Verified Expert Solution
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 shares of DTI that are currently selling at $ per share. You post additional $ to meet the initial margin requirement. What is your margin if the stock price changes to $ Enter your answer as a decimal, rounded to three decimal places.
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