Old economy traders opens an account to short 1000 shares, Financial Management

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Old economy traders opens an account to short 1000 shares

Old economy traders opens an account to short 1,000 shares of internet Dreams. The current price of internet dreams is $80. The initial margin requirement (T-bills or cash) is 50%. Which of the following best describes the asset side of your account with the broker after the short sale?

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Financial Management: Old economy traders opens an account to short 1000 shares

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Financial Management: Old economy traders opens an account to short 1000 shares

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