Question
Youve recently sold 650 shares of a stock for $75 per share. The sale was a short sale with an initial margin requirement of 60
Youve recently sold 650 shares of a stock for $75 per share. The sale was a short sale with an initial margin requirement of 60 percent. The maintenance margin is 40 percent. Some positive news concerning the company was released last night and the stock price jumped this morning to $80 a share.
a. Please show the T-accounts before and after the price change
b. What is your current account equity?
c. What is your current margin position in this stock?
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The Commercial Aircraft Finance Handbook
Authors: Ronald Scheinberg
1st Edition
1781372608, 978-1781372609
