Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Assuming you have a margin account with a leverage ratio of 1.76and
you wish to sell short a stock currently priced at $25 per share, how many
shares can you sell short if you intend to use $9200 of your own equity to
initiate the short sale? suppose the maintenance margin is 0.28
Calculate the number of shares
what is the margin call price
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Transcribed Image Text:Assuming you have a margin account with a leverage ratio of 1.76and you wish to sell short a stock currently priced at $25 per share, how many shares can you sell short if you intend to use $9200 of your own equity to initiate the short sale? suppose the maintenance margin is 0.28 Calculate the number of shares what is the margin call price
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