2. You decide to sell short 100 shares of Singsang Plantation when it is selling...
90.2K
Verified Solution
Question
Accounting
2. You decide to sell short 100 shares of Singsang Plantation when it is selling at market price of RM56. Your broker tells you that your margin requirement is 45% Required: a) b) What is your initial margin? One you later you buy back Singsang at RM45 to close out your position While you short the stock, Singsang pays a RM2.50 the dividend. What is your rate of return? At what price you will receive a margin call? c)

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.