You are bearish on D&K App. and decide to sell short 100 shares at the current market

Fantastic news! We've Found the answer you've been seeking!

Question:

You are bearish on D&K App. and decide to sell short 100 shares at the current market price of $22.80 per share, how high can the stock price of D&K App go before you get a margin call if the maintenance margin is 30% of the value of the short position.

Posted Date: May 19, 2024 02:06 AM

See More Questions

Express the quantity of 3.225 kJ in calories.
When does tax allocation within a period become necessary? How should this allocation be handled?
You are considering purchasing shares of Microsap's stock. These shares just paid a dividend of $2.00 per share, and dividends are expected to grow at a rate of 15 percent per year for the next three...
For the following exercises, use the sample contact tracing graph to identify paths (Figure 13.12). 1. How many people have a path of length 2 from Jeffrey? 2. Find 2 paths between Kayla and Rohan....
Lei Company accumulates the following adjustment data at December 31. 1. Services performed but not recorded total $1,000. 2. Supplies of $300 have been used. 3. Utility expenses of $225 are unpaid....
I need this problem done in 3 hours. I need correct work. Linda Watson has recently accepted a position as the assistant administrator for the department of nursing at St. Joseph Hospital. There have...
Premium amortization On the first day of the fiscal year, a company issues a $5,500,000, 8%, 10-year bond that pays semiannual interest of $220,000 ($5,500,000 8% 1/2), receiving cash of $6,318,264....
A company has three barrels of product in ending work in process. One barrel is 1 0 % complete, a second barrel is 3 0 % complete and the third barrel is 8 0 % complete. Given this information, on...
Using an example, indicate a possible failure in the development of a bank reconciliation and how it could be solved. If you are the owner of a small business, where there are only three employees...
Problem 1: A museum gathers data about the ages of its patrons on one day. Below is a stemplot based on their data: 1 058 2 114689 3 0566 4 257 534 6 2 7 80 Part 1(a): How many visitors did the...
In one month, a restaurant has variable costs of $43,930 and sales of $96,010. What is the restaurant's variable rate?
June, age 36 just started at a new company that is offering a $90,000 life insurance benefit. What is the annual taxable benefit to June? Round to the nearest dollar
please answer all questions in the question, there's 7 parts, thank you
Which of the following gives the range of y = 4 - 2 -x ? (A) (- , ) (B) (- , 4) (C) [- 4, ) (D) (- , 4] (E) All reals
Find a Hamilton path from vertex $s$ to vertex $v$ for each graph in Figure 12.179 or indicate that there is none. W W Graph A Graph B V W Graph C Graph D Figure 12.179 Graphs A, B, C, and D
Use Figure 12.185 to determine if the given sequence of vertices is a Hamilton path, an Euler trail, both, or neither. 1. Graph \(A, e ightarrow b ightarrow a ightarrow e ightarrow d ightarrow c...
Suppose you have a complete weighted graph with vertices $N, M, O$, and $P$. 1. Use the formula $(n-1)$ ! to calculate the number of distinct Hamilton cycles in the graph. 2. Use the formula...

You are bearish on D&K App. and decide to sell short 100 shares at the current market

Question:

Expert Answer:

Students also viewed these finance questions