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You took a short position on 100 shares at $88. You have equity of $5,800. Assets Liabilities and Equity Cash $14,600 Short position in stock
You took a short position on 100 shares at $88. You have equity of $5,800. Assets Liabilities and Equity Cash $14,600 Short position in stock (owe 100 shares) $8,800 Equity $5,800 What is the initial margin? A 59.27% B 68.17% C 65.91% D 72.53% E 52.67% How far can the price change before a margin call if the maintenance margin is 55%? A $87.41 B $94.19 C $81.57 D $91.83 E $99.04
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