Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You short 200 shares of FB at $90 per share, with initial margin of 60%. Your broker's maintenance margin requirement is 35%. What must be

You short 200 shares of FB at $90 per share, with initial margin of 60%. Your broker's maintenance margin requirement is 35%. What must be the share price of FB for you to get a margin call?

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_2

Step: 3

blur-text-image_step3

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

More Books

Students also viewed these Finance questions

Question

8. What are career paths? How can they help you?

Answered: 1 week ago