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You short sell 300 shares of Facebook (FB) stock at a price of $176 per share. Initial margin for your broker is 50%, and maintenance
You short sell 300 shares of Facebook (FB) stock at a price of $176 per share. Initial margin for your broker is 50%, and maintenance margin is 30%. (Assume that you put up the minimum required initial margin). What will be the margin (in %) in your account if Facebook stock closes at $153
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
