You sold-short 300 shares at $30 per share. The initial margin is 50%. You must put up ________.

Name: You sold-short 300 shares at $30 per share. The initial margin is 50%. You must put up ________.
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Question

Quizplus · Accepted Answer

The initial margin is 50%, so you must put up 50% of the value of the shares you sold short. The value of the shares you sold short is 300 * $30 = $9,000. So, you must put up 50% of $9,000, which is $4,500.

You Sold-Short 300 Shares at $30 Per Share