Question
You sold short 263 shares of common stock at $62.6 per share. If the initial margin and the maintenance margin were 51% and 25% respectively,
You sold short 263 shares of common stock at $62.6 per share. If the initial margin and the maintenance margin were 51% and 25% respectively, at what price would you receive a margin call?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
