menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Investments Study Set 5
  4. Exam
    Exam 3: How Securities Are Traded
  5. Question
    You Sold Short 200 Shares of Common Stock at $60
Solved

You Sold Short 200 Shares of Common Stock at $60

Question 30

Question 30

Multiple Choice

You sold short 200 shares of common stock at $60 per share. The initial margin is 60%. Your initial investment was


A) $4,800.
B) $12,000.
C) $5,600.
D) $7,200.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: What kind of entity will often sell

Q26: Assume you sold short 100 shares of

Q27: Which of the following is true regarding

Q28: The Securities Act of 1934 I) requires

Q29: The cost of buying and selling a

Q31: Which of the following orders instructs the

Q32: Investment bankers<br>A) act as intermediaries between issuers

Q33: The process of marketing a public offering

Q34: You purchased 1,000 shares of common stock

Q35: Which of the following orders instructs the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines