Short Answer
You sell 100 shares of PGD short at a price of $50 per share. How much is your initial margin, given margin requirements of 40%? If the stock declines to $30 per share, what is your percentage gain or loss on the initial equity?
Correct Answer:

Verified
100% gain
Explanatio...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
100% gain
Explanatio...
Explanatio...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q33: Good till canceled (GTC) orders expire automatically
Q34: An investor is in a 35% tax
Q35: The Standard & Poor's Midcap Index is
Q36: Which of the following are features of
Q37: You are said to be long in
Q39: Securities must be kept in the street
Q40: The margin requirement is used in selling
Q41: The divisor in the Dow Jones Industrial
Q42: A stop order is similar to a
Q43: The index which gives equal weight to