Question
A small investor just bought 100 shares of UYA on margin. The share price of UYA at the time of purchase was $50, the initial
A small investor just bought 100 shares of UYA on margin. The share price of UYA at the time of purchase was $50, the initial margin requirement is 50%, and the maintenance margin is 30%. Given this information, the margin call trigger price is closest to:
A. $79.00
B. $35.71
C. $31.25
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
