You short sold 700 shares of a stock at $25 a share. The initial margin requirement is 75 percent and the maintenance margin is 35 percent. What is the amount of your total liability for this transaction as initially shown on your account balance sheet?Explain
Department of Economics and Finance Answer all the questions below. Make sure that you show all the steps leading to the answers. For each numeric answer, you should show the formula or equation from which you have arrived at the answer. Points will be deducted for missing steps, but points will be awarded for steps […]