Question: Show all mathematical steps and formulas necessary to solve the problem. Use LaTeX to demonstrate the math steps. Do not use excel or any programming
Show all mathematical steps and formulas necessary to solve the problem. Use LaTeX to demonstrate the math steps. Do not use excel or any programming language to solve it.
Given:
- A companies stock price is $43. - You sold short 300 shares of the stock. - Initial margin: 60%. - Maintenance margin: 40%.
Expected Output:
At what price will you receive a margin call if the stock price changes?
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