Mark Short Sold 500 Shares of Stock at $12

question 19

Multiple Choice

Mark short sold 500 shares of stock at $12.50 a share.The initial margin is 80 percent and the maintenance margin is 50 percent.The stock is currently selling for $9.80 a share.What is Matt's account equity at this time? Ignore margin interest.

• A) $2,070
• B) $4,590
• C) $6,350
• D) $8,950
• E) $10,510

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Definitions:

Weight Regulation

The process of maintaining a healthy body weight through a balance of energy intake and energy expenditure.

Body Mass Index (BMI)

A numerical value derived from an individual's weight and height, used as a screening tool to categorize underweight, normal weight, overweight, or obesity.

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender-diverse people.

Body Frame

The structure of a person's body, typically described as small, medium, or large, affecting weight and health assessment.