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Youshort sell 1,000 shares of GM @ $25 per share at the beginning ofthis year. Initial margin is 60%. At year-end, the share pricerises to
Youshort sell 1,000 shares of GM @ $25 per share at the beginning ofthis year. Initial margin is 60%. At year-end, the share pricerises to $30. The maintenance margin is 30%. Assume no interest is 2 answers
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
