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An investor short sells 600 shares of a stock for ​$34 per share. The initial margin...

An investor short sells 600 shares of a stock for ​$34 per share. The initial margin is 48 ​%. How much equity will be required in the account to complete this​ transaction?

The initial margin deposit is ​$_____ . ​(Round to the nearest​ dollar.)

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Answer #1

initial margin deposit = price*shares*initial margin = 600*34*0.48=9792

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