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scoray [572]
4 years ago
9

A customer opens a short margin account by selling short 600 shares of XYZ stock at $80 per share and deposits the required marg

in. If the stock declines in value by 25%, the customer's equity in the account will:

Business
1 answer:
astra-53 [7]4 years ago
4 0

Answer:

It will increase by 50%

Explanation:

Equity is given as: credit - short market value.

Find attached below table of solution

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