Matt Short Sold 500 Shares of Tall Pines Stock at $19

question 20

Multiple Choice

Matt short sold 500 shares of Tall Pines stock at $19 a share at an initial margin of 65 percent. The maintenance margin is 35 percent.What is the highest the stock price can go before he receives a margin call?

• A)$20.12
• B)$21.48
• C)$23.22
• D)$24.07
• E)$25.16

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Definitions:

West African Countries

Nations located in the western region of the African continent, including Nigeria, Ghana, Senegal, and others.

World Malaria Report

An annual report by the World Health Organization that provides a comprehensive update on the global status of malaria control and elimination.

Reported Malaria Cases

The number of malaria infections that have been diagnosed and documented by health authorities.

West Africa

A region in Africa that is to the west of the continent, comprising several countries including Nigeria, Ghana, and Senegal.