You shorted 5,000 shares of Layton Industries at a price of $30 per share. The initial margin

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You shorted 5,000 shares of Layton Industries at a price of $30 per share. The initial margin is 50 percent, and the maintenance margin is 40 percent. What does your account balance sheet look like following the short?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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