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

question 69

Multiple Choice

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

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

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Four-Post Design

A type of lift or rack in automotive repair shops or garages featuring four posts that provide stability and support for a vehicle during maintenance or inspections.

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The Vehicle Identification Number, a unique code used to identify individual motor vehicles.

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The country where a product was manufactured or produced, often used in trading and customs for determining tariffs and indicating quality.

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A company that produces goods in large quantities.