You sold short 100 shares at $50 a share. The initial margin was 60 percent. What is the maintenance margin if a margin call is made at a stock price of $60?
A) 23.64%
B) 7.88%
C) 25.82%
D) 18.64%
E) 33.33%

Question

Quizplus · Accepted Answer

The Answer of You sold short 100 shares at $50 a share. The initial margin was 60 percent. What is the maintenance margin if a margin call is made at a stock price of $60?
A) 23.64%
B) 7.88%
C) 25.82%
D) 18.64%
E) 33.33%

You Sold Short 100 Shares at $50 a Share