You sold short 300 shares of common stock at $55 per share. The initial margin is 60%.

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You sold short 300 shares of common stock at $55 per share. The initial margin is 60%. At what stock price would you receive a margin call if the maintenance margin is 35%?

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Posted Date: Jan 06, 2023 01:27 AM

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You sold short 300 shares of common stock at $55 per share. The initial margin is 60%.

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Intermediate Accounting

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