Register
A customer sells short 1,000 shares of ABC stock at $4 in a margin account. The customer must deposit:________. A. $2,000 B. $2,500 C. $4,000 D. $5,000
105k views
3 votes
A customer sells short 1,000 shares of ABC stock at $4 in a margin account. The customer must deposit:________.

A. $2,000
B. $2,500
C. $4,000
D. $5,000

User Jeffrey Kilelo
by
5.0k points

1 Answer

6 votes

Answer: $4000

Step-by-step explanation:

A margin account is typically offered by a brokerage firms so that investors can borrow money in order to purchase securities.

A customer sells short 1,000 shares of ABC stock at $4 in a margin account. The customer must deposit:

= $4 × 1000

= $4000

User Griffon Vulture
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Ensuring that an individual is who they claim to be is the function of _____. select one: a. confidentiality b. authorization c. availability d. authentication e. nonrepudiation
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
How do i figure out a months ending capital
Link Copied!