What is the highest the stock price can go
Question: Matt short sold 500 shares of Tall Pines stock at $19 a share at an initial margin of 65 percent. The maintenance margin is 35 percent. What is the highest the stock price can go before he receives a margin call?
Now Priced at $20 (50% Discount)
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The maintenance margin is 35 percent. What is the highest the stock price can go before he receives a margin call?
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