# ARO SPACE GROUP *Short sells* 200 shares of a stock for $20 per share....

90.2K

Verified Solution

Question

Finance

# ARO SPACE GROUP *Short sells* 200 shares of a stock for $20 per share. The initial margin is 50%, and the maintenance margin is 30%. IF price of the stock raise to $22 per share., what is the margin rate? *(NOTE: WRITE DOWN YOUR ANSWER IN PERCENTAGE VALUE WITH 2 DECIMAL POINT)

Will there be a margin call for ARO SPACE GROUP, if price of the stock price raise to $25 per share. (Yes fall in margin call or no, explain briefly )

Your answer

Back

Next

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students