MissSmartyPants428 MissSmartyPants428
  • 06-06-2023
  • Business
contestada

You sold short 100 shares of ABC common stock at $75 per share. The initial margin is 50%. At what stock price would you receive a margin call if the maintenance margin is 30% ? Pls round your answer to 2 decimal places, e.g., 26.12. Assume the stock pays no dividend and ignore interest on margin.

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