Finance-Investment Help
You short sold 550 shares of stock at a price of $34 and an initial margin of 65 percent. If the maintenance margin is 35 percent, at what share price will you receive a margin call? What is your account equity at this stock price? ;(Do not round intermediate calculations. Round Margin call price to 2 decimal places. Omit the “$” sign in your response.) |
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; ;Margin call price | $ ; ; ; |
; ;Account equity | $ ; ; ; |
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