You Sell Short 100 Shares of Hi-Light Corporation When It

question 13

Multiple Choice

You sell short 100 shares of Hi-Light Corporation when it is trading at $70.Your margin requirement is 50%.Assuming there was no commission and the maintenance margin is 25%,at what stock price would you receive a margin call?

• A) $76
• B) $80
• C) $84
• D) $88
• E) $92

---

Definitions:

Import Restrictions

Government-imposed controls or limitations on the quantity or value of goods that can be imported into a country, often to protect domestic industries.

Import Demand

The quantity of goods or services that domestic consumers or firms are willing to purchase from abroad at various prices.

Export Supply

The quantity of goods or services available from a country for sale to other countries, directly related to national production capacities and international demand.

Protective Tariff

A tax imposed on imported goods to protect domestic industries from foreign competition by making the imported goods more expensive.