You open a brokerage account on january 1 and sell short


You open a brokerage account on January 1 and sell short 500 shares of Apple Computer at $163.39 per share. The initial margin requirement is 50%. The maintenance margin is 30%. Disregarding interest and dividends, at what stock price will you receive a margin call?

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Financial Management: You open a brokerage account on january 1 and sell short
Reference No:- TGS01159980

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