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(a) An investor buys 1000 shares of QQ Mart Berhad at RM4.5 per share on margin with an initial margin of 70 percent and a
(a) An investor buys 1000 shares of QQ Mart Berhad at RM4.5 per share on margin with an initial margin of 70 percent and a maintenance margin of 25% percent. In three months, the stock goes to RM5.85. Compute the price when a margin call occurs. Commission and other costs ignored. (5 marks) are (b) Amanda Lai purchased 1500 shares of Smart Berhad at RM10 per share. Currently the stock is selling at RM12. If she wants to be assured of a profit of at least RM4050, what type of order should he place and at what price per share
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