You are bearish on Telecom and decide to sell short 290 shares at the current...
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You are bearish on Telecom and decide to sell short 290 shares at the current market price of $125 per share. o. How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position? (Round your onswer to the nearest whole dollor.) b. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (Round your onswer to 2 decimal pleces.)
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