Maribel sells short 500 shares of Mercury Inc. stock at $80 per share using 70% margin. Her

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Maribel sells short 500 shares of Mercury Inc. stock at $80 per share using 70% margin. Her maintenance margin is 30%. She has no other securities in her account. At what price will she receive a margin call?

Related Book For answer-question

Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Posted Date: Apr 24, 2024 06:54 AM

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Maribel sells short 500 shares of Mercury Inc. stock at $80 per share using 70% margin. Her

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Fundamentals Of Taxation 2015

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