You short 1000 shares of Tesla at $700 in a margin account where the initial margin is
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Question:
You short 1000 shares of Tesla at $700 in a margin account where the initial margin is 60%. Tesla stock does not pay a dividend.
- What is your annualized percentage return if in 2 years the stock is at $500.00?
- What is the equity in your account after 2 years?
- At what price will you receive a margin call?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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