Last Week,you Sold 300 Shares of ABC Stock for $6,300

question 44

Multiple Choice

Last week,you sold 300 shares of ABC stock for $6,300.The sale was a short sale with an initial margin requirement of 70 percent.The maintenance margin is 40 percent.Some positive news concerning the company was released last night and the stock price jumped this morning to $28 a share.What is your current margin position in this stock?

• A) 61.33 percent
• B) 56.67 percent
• C) 48.33 percent
• D) 38.68 percent
• E) 27.50 percent

---

Definitions:

Fusion Inhibitors

A class of antiretroviral drugs used to block the fusion of the HIV virus with host cells, preventing the virus from entering and infecting the cells.

T Cells

A type of white blood cell that plays a central role in the immune response by attacking infected or cancerous cells.

Nucleoside Reverse

Nucleoside Reverse is related to nucleoside reverse transcriptase inhibitors, which are antiviral drugs that inhibit reverse transcriptase, a viral DNA polymerase important for replication in viruses like HIV.

Antibody-Mediated

Pertaining to immune responses that involve antibodies targeting specific antigens to neutralize or destroy them.