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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You took a short position on 200 shares at $54. You have
equity of $10,500.
Assets
Liabilities and Equity
Short position in stock (owe 200
shares)
Cash
$10,800
$17,300
Equity
$ 6,500
What is the initial margin?
61.47%
57.15%
60.19%
62.43%
58.32%
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Transcribed Image Text:You took a short position on 200 shares at $54. You have equity of $10,500. Assets Liabilities and Equity Short position in stock (owe 200 shares) Cash $10,800 $17,300 Equity $ 6,500 What is the initial margin? 61.47% 57.15% 60.19% 62.43% 58.32%
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