Question
you sell short 200 shares of NAB which are currently selling at $25 per share. Your initial margin required for the short sale is 50%.
you sell short 200 shares of NAB which are currently selling at $25 per share. Your initial margin required for the short sale is 50%.
1. If your broker requires a 30% maintenance margin, at what share price will you get a margin call?
2. What would be the maintenance margin if a margin call is made at a stock price of $30 per share?
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
