You short sell 100 share of Merck at $80 per share on a margin of 60%. If

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You short sell 100 share of Merck at $80 per share on a margin of 60%. If the price increase to $100 per share, how much more margin will be required to meet the minimum margin of requirement of 30%?

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Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

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Posted Date: Sep 16, 2023 10:24 PM

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You short sell 100 share of Merck at $80 per share on a margin of 60%. If

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To calculate the amount of margin required to meet the minimum margin requirement of 30 we n... View the full answer

Management Accounting

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