Suppose you want to buy 10,000 shares of American Airlines (AAL) at a price of $30 per
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Suppose you want to buy 10,000 shares of American Airlines (AAL) at a price of $30 per share. You put up $200,000 and borrow the rest. What does your account balance sheet look like? What is your margin?
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The 10000 shares of American Airlines cost 300000 You supply 200000 so you ...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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