Question: The initial margin required by the broker is 5 0 % . You short sell 5 0 0 shares of TSLA at $ 1 5

The initial margin required by the broker is 50%. You short sell 500 shares of TSLA at $150 per share. If the maintenance margin is 30%, at what price will you receive a margin call?
A.121.95
B.173.08
C.281.54
D.321.43

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!