Please use the information below to answer the question: Number of shares shorted... 70 Short sale price.... margin.... dividends per share paid since short sale date.... 75% Current price.... -$150 Initial $200 Cumulative $22 Maintenance margin 30% Based on this information, what is your current margin? Less requirement.... than 25% Between 25% and 50% Between 50% and 75% More than 75%

Please use the information below to answer the question: Number of shares shorted... 70 Short sale price.... margin.... dividends per share paid since short sale date.... 75% Current price.... -$150 Initial $200 Cumulative $22 Maintenance margin 30% Based on this information, what is your current margin? Less requirement.... than 25% Between 25% and 50% Between 50% and 75% More than 75%

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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