Multiple Choice
You sold short 100 shares of common stock at $45 per share. The initial margin is 50%. Your initial investment was
A) $4,800.
B) $12,000.
C) $2,250.
D) $7,200.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q47: According to the CFA Institute Standards of
Q48: Assume you sold short 100 shares of
Q49: All of the following are considered new
Q50: You sell short 100 shares of Loser
Q51: Assume you purchased 200 shares of KO
Q53: You purchased 100 shares of common stock
Q54: You want to purchase IBM stock at
Q55: Assume you sold short 100 shares of
Q56: You sold short 300 shares of common
Q57: You purchased 300 shares of common stock