Alex double the value of hus investment

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Alex takes a shoet position ok Microsoft stock at $1000 per share. he sells 100 shares short at $1000 per share. The short sale has an IMR equals to 50% and MMR equals to 30%.

1. How much does Alex have to deposit in his account after taking the short position?

2. At what price would Alex double the valueof hus investment?

3. By what % would the price have to rise for Alex to be subject to a margin call?

Reference no: EM133272580

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