Question: 1 8 1 point Your margin account requires an initial margin of 5 0 % , and a maintenance margin of 3 0 % .

181 point
Your margin account requires an initial margin of 50%, and a maintenance margin of 30%. You deposit $33,000 cash in a brokerage account and short sell stocks using all available margin and borrowing the rest from your broker. Later, the value of your stock holdings goes to $48,000. What is your dollar return?
$18,000 Loss
$33,000 Gain
$18,000 Gain
$15,000 Loss
 181 point Your margin account requires an initial margin of 50%,

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