An investor short sells 75 shares of a stock for $69 per share. The initial margin is
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An investor short sells 75 shares of a stock for $69 per share. The initial margin is 60%, and the maintenance margin is 40%. The price of the stock falls to $57 per share. What is the margin, and will there be a margin call?
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Margin is the account equity divided by the cost to cover The account equity would be the ...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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