An investor short sells 250 shares of a stock for $43 per share. The initial margin is
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An investor short sells 250 shares of a stock for $43 per share. The initial margin is 60%. Ignoring transaction costs, how much will be in the investor’s account after this transaction if this is the only transaction the investor has undertaken and the investor has deposited only the required amount?
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The investor will deposit the margin requirement of 6...View the full answer
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Related Book For
Fundamentals Of Investing
ISBN: 9780135175217
14th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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