You sold short 200 shares of SBUX at $100 per share. You put up additional $10,000...
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You sold short 200 shares of SBUX at $100 per share. You put up additional $10,000 to meet the 50% initial margin requirement. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% ? Round your answer to two decimal places and enter it without the dollar sign. You sold short 200 shares of SBUX at $100 per share. You put up additional $10,000 to meet the 50% initial margin requirement. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% ? Round your answer to two decimal places and enter it without the dollar sign.
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Answer rating: 100% (QA)
The initial margin requirement is 50 which means that you have to put up 50 of the value of the shar... View the full answer
Related Book For
Investments
ISBN: 9781259271939
9th Canadian Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
Posted Date:
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