Bellzers3044 Bellzers3044

22-07-2020
Business

contestada

Suppose that you just short sold 100 shares of XYZ stock for $79.00 per share. a. If the initial margin requirement is 60%, how much equity must you invest?

Respuesta :

ayokenny2001 ayokenny2001

24-07-2020

Answer:

$4,740

Explanation:

Equity to invest = Initial margin × shares short sold × Value of stock sold per share

= 60% × 100 × $79

= $4,740

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