Becky short sells 300 shares of a stock for $8 per share. Refer to the margin...
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Becky short sells 300 shares of a stock for $8 per share. Refer to the margin requirements below to answer the following questions. (Assume that she incurs no additional costs.) i (Click the icon to view the margin requirements on short positions.) a. How much does she need to deposit in her margin account to complete this short sale? b. How much does she need to deposit in her margin account if the original stock price was $1.90? Margin Requirements on Short Positions a. How much does she need to deposit in her margin account to complete this short sale? The margin required is $ 1,200. (Round to the nearest dollar.) b. How much does she need to deposit in her margin account if the original stock price was $1.90? The margin required is $ 330. (Round to the nearest dollar.) Listed Stock Price $2.00 or more $1.50 to $1.99 $0.25 to $1.49 Under $0.25 Margin Required 150% of market value $3.00 per share 200% of market value Market value plus $0.25 per share Print Done Becky short sells 300 shares of a stock for $8 per share. Refer to the margin requirements below to answer the following questions. (Assume that she incurs no additional costs.) i (Click the icon to view the margin requirements on short positions.) a. How much does she need to deposit in her margin account to complete this short sale? b. How much does she need to deposit in her margin account if the original stock price was $1.90? Margin Requirements on Short Positions a. How much does she need to deposit in her margin account to complete this short sale? The margin required is $ 1,200. (Round to the nearest dollar.) b. How much does she need to deposit in her margin account if the original stock price was $1.90? The margin required is $ 330. (Round to the nearest dollar.) Listed Stock Price $2.00 or more $1.50 to $1.99 $0.25 to $1.49 Under $0.25 Margin Required 150% of market value $3.00 per share 200% of market value Market value plus $0.25 per share Print Done
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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