Question
You want to put together a LONG/SHORT equity portfolio with 55.50% of the account equity used for the LONG side and the remaining proportion for
You want to put together a LONG/SHORT equity portfolio with 55.50% of the account equity used for the LONG side and the remaining proportion for the SHORT side. There is no excess cash. If your total equity before the LONG/SHORT trade is $298,140 in the form of cash, what will be the value of your account's total assets immediately after the LONG/SHORT trades? Ignore any commissions, interest, and borrow fees. Assume that the margin requirements are 50% on both sides, and you make full use of the margin available.
Question 4 options:
| $692,505 |
| $710,728 |
| $728,952 |
| $747,176 |
| $765,400 |
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