Question: please show how to solve this step by step You are bearish on Telecom stock and decide to sell short 100 shares at the current
You are bearish on Telecom stock and decide to sell short 100 shares at the current market price of $30 per share. Assume that you put into your brokerage account 50% of the value of the short position. How high can the price of the stock go before you got a margin call if the maintenance margin is 30% of the value of the short position? 535 515 575
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