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3. M. Bullock opens a margin account and purchases 100 shares of xyz at $48...

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Finance

3. M. Bullock opens a margin account and purchases 100 shares of xyz at $48 per share and purchases 1 xyz 50 put at 56. If reg T is 50%. How much is she required to deposit?

a. $2,400

b. $2,700

c. $3,000

d. $3,600

17. Which of the following strategies has essentially the same profit diagram as a covered call?

a. a long put

b. a short put

c. a long call

d. a short stock

e.none of the above

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