At what stock price will you get maintenance call

Assignment Help Financial Management

Reference no: EM131818118

Suppose a stock is currently priced at $47 per share You think this stock is grossly overpriced and would like to sell short 3.000 shares of the stock. Short sales are currently limited to a 150% margin requirement (counting the amount of the sale of stock and the margin deposit required) At what stock price will you get a maintenance call for more funds to support your short selling account if the maintenance margin is 30%' (Answer to the nearest penny, e g 12 34 without the $.)

Reference no: EM131818118

Questions Cloud

Data on height and circumference of a sample of douglas : The Quantitative Environmental Learning Project presented data on height and circumference of a sample of Douglas fir trees

Explore how cole hardware use technology to manage inventory : Explore how Cole Hardware used technology to manage inventory and identify at least two benefits of the use of this technology by the company.

Compare the differences in the expectations : Consider the differences in the expectations, preferences, and styles of psychotherapy with Chinese clients and African and Indian Clients.

Parents of dying children : CBS reported on a study that explored the question of whether or not parents of dying children should talk to their children about death

At what stock price will you get maintenance call : At what stock price will you get a maintenance call for more funds to support your short selling account if the maintenance margin is 30%'

Break-even analysis is useful for non-profit organizations : break-even analysis is useful for non-profit organizations since their purpose is not to make a profit

Studies about the same two categorical variables : Presumably both of the writers considered evidence from studies about the same two categorical variables. Briefly describe the variables

What are some of the specific contributing factors : Do you think that the problem of substance abuse is blown out of proportion by the media, or perhaps underreported? Explain your position.

Calculate the after-tax salvage cash flow : Construct annual incremental operating cash flow statements. Calculate the after-tax salvage cash flow.

User Account

All Pages