You sell short 200 shares of FNH at $25/share. The initial margin is 60% and maintenance...

You sell short 200 shares of FNH at $25/share. The initial margin is 60% and maintenance margin 30%. If you sell all shares at $21, and receive $1.50/share dividend:

a. What is your percent return?

b. At what price would you receive a margin call?

Expert Solution

jeff jeffy answered 2 years ago

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