Suppose that you just short sold 100 shares of Qulet Minds stock for $85.00 per...
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Finance
Suppose that you just short sold 100 shares of Qulet Minds stock for $85.00 per share. o. If the initial margin requirement is 65%, how much equity must you invest? (Round your answer to the nearest dollar.) b. Construct the balance sheet that corresponds to the transaction. c. Now suppose the price of the stock falls to $77 per share. What is your current margin percentage? (Round your answer to 2 decimal places.)
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