You believe a stock is poised for a decline and wish to short it. You sell...
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You believe a stock is poised for a decline and wish to short it. You sell short 510 shares at a price of 37.37 while having cash equity in your account of 10000 The stock you short increases to a price of 44.47 What is the margin call price for this stock if the trade goes against you? Assume maintenance margin of 0.3 You believe a stock is poised for a decline and wish to short it. You sell short 510 shares at a price of 37.37 while having cash equity in your account of 10000 The stock you short increases to a price of 44.47 What is the margin call price for this stock if the trade goes against you? Assume maintenance margin of 0.3
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Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
Posted Date:
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