You short sell 400 shares of stock at $51 a share. The initial margin of 50 percent and the maintenance margin is 25%. What is the amount of your total liability for this transaction as initially shown on your account balance sheet?
A) $8,500
B) $19,000
C) $17,000
D) $9,500
E) $20,400.

Question

Quizplus · Accepted Answer

The Answer of You short sell 400 shares of stock at $51 a share. The initial margin of 50 percent and the maintenance margin is 25%. What is the amount of your total liability for this transaction as initially shown on your account balance sheet?
A) $8,500
B) $19,000
C) $17,000
D) $9,500
E) $20,400.

You Short Sell 400 Shares of Stock at $51 a Share