In: Finance
You shorted 1,000 shares of MSFT at $215 a share. You got a margin call sometime after 3 months. The MM is 35%. What must be the stock price?----- Nothing is missing, all info is here.
Assumption intial margin is 100%
then Initial magin = $215000
MM = .35* $215000 = 75250
Stock price = $75.25