Finance-Investment Help

Aug 31st, 2015
Business Finance
Price: $5 USD

Question description

You short sold 550 shares of stock at a price of $34 and an initial margin of 65 percent. If the maintenance margin is 35 percent, at what share price will you receive a margin call? What is your account equity at this stock price? (Do not round intermediate calculations. Round Margin call price to 2 decimal places. Omit the "$" sign in your response.)


  Margin call price  
  Account equity  

Tutor Answer

(Top Tutor) mickeygabz
School: University of Maryland

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