3. M. Bullock opens a margin account and purchases 100 shares of xyz at $48...
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3. M. Bullock opens a margin account and purchases 100 shares of xyz at $48 per share and purchases 1 xyz 50 put at 56. If reg T is 50%. How much is she required to deposit?
a. $2,400
b. $2,700
c. $3,000
d. $3,600
17. Which of the following strategies has essentially the same profit diagram as a covered call?
a. a long put
b. a short put
c. a long call
d. a short stock
e.none of the above
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