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How much money would Robert have to deposit into his account

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Question - Roberto wants to "short" the shares of "Crash & Company". When he called his broker with this idea, he was told that the dealer would be able to find 1000 shares he could borrow. At a current market price of only $0.50 / share, Roberto was also told that the minimum credit balance he would have to deposit into his account to cover this transaction is 200% of market value. How much money would Robert have to deposit into his account?

Reference no: EM133065190

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