Question: Help Save & Exit Submit 21 Check my work Problem 3-19 2 points You are bearish on Telecom and decide to sell short 100 shares
Help Save & Exit Submit 21 Check my work Problem 3-19 2 points You are bearish on Telecom and decide to sell short 100 shares at the current market price of $41 per share. a. How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position? Swipped BOOK Initial margin Print References b. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (Round your answer to 2 decimal places.) Stock price reaches
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