You have 6,000 USD in your brokerage account. You decide to short 100 shares of Apple stock AAPL which currently trade at 200. If the minimum maintenance requirement is 25%, and Apple suddenly increases 10% following a solid eanings repot, how much cash should you post to meet the margin requirement

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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You have 6,000 USD in your brokerage account. You decide to short 100 shares of Apple stock AAPL which currently trade at 200. If the minimum maintenance requirement is 25%, and Apple suddenly increases 10% following a solid eanings repot, how much cash should you post to meet the margin requirement?

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