Today,you Short Sold 1,100 Shares of Jasper Industrial Stock at $48

question 52

Multiple Choice

Today,you short sold 1,100 shares of Jasper Industrial stock at $48 a share.The initial margin is 60 percent and the maintenance margin is 30 percent.Which one of the following is correct concerning your account balance sheet for this transaction?

• A) You have an asset of $31,680 from the sale proceeds.
• B) You have a liability from the short position of $21,120.
• C) Your account equity is $21,120.
• D) Your initial margin deposit is $15,840.
• E) Your total assets are $84,480.

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Definitions:

Personal Unconscious

The personal unconscious contains memories and ideas that are not currently in conscious awareness but can easily be brought to consciousness.

Unconscious Processes

These refer to mental processes that occur without our awareness or intention, influencing perceptions, thoughts, feelings, and behaviors.

Psychodynamic Theorists

Professionals in psychology who focus on understanding human behavior by exploring the interplay between unconscious and conscious mind, often emphasizing childhood experiences.

Self-Actualization

The achievement of one's full potential and talents, viewed as an intrinsic desire or motivation within every person.