A short seller short sold 20 shares of Nintex at the price of $156. The initial margin was 70%. Over the next two weeks the company paid $5 dividends per share and the price has changed to $173. How much does the investor need to put on his account to restore the percentage margin to the original 70% level?

Answer rating: 100% (QA)

To calculate how much the investor needs to put on his account to restore the percentage margin to the original 70 level we first need to determine th... View the full answer