You short sold 350 shares of stock at a price of $32 and an initial margin of 60 percent

We Write Essays For Students

Tell us about your assignment and we will find the best writer for your paper

You short sold 350 shares of stock at a price of $32 and an initial margin of 60 percent. If the maintenance margin is 30 percent, at what share price will you receive a margin call? What is your account equity at this stock price? (Do not round intermediate calculations. Round Margin call price to 2 decimal places. Omit the “$” sign in your response.)


Margin call price	$
Account equity

ORDER A SIMILAR ESSAY WRITTEN FROM SCRATCH

Save time and money with our essay writers for hire. If you are in search of a dependable academic support provider that offers more than just typical writing services, you have come to the right place. As a cost-effective essay writing service, we not only assist you in crafting outstanding papers but also provide complimentary features.