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b. (2 pts.) Assume that on a very bad earnings call, the CFO of Telcom discloses a projected revenue loss of 50% by year end.
b. (2 pts.) Assume that on a very bad earnings call, the CFO of Telcom discloses a projected revenue loss of 50% by year end. In response, the stock drops suddenly to $25/share. How much are you asked to deposit in the account to restore the margin to 30%? (note: margin is calculated as the net work in the account divided by the market value of the securities) b. (2 pts.) Assume that on a very bad earnings call, the CFO of Telcom discloses a projected revenue loss of 50% by year end. In response, the stock drops suddenly to $25/ share. How much are you asked to deposit in the account to restore the margin to 30% ? (note: margin is calculated as the net work in the account divided by the market value of the securities) b. (2 pts.) Assume that on a very bad earnings call, the CFO of Telcom discloses a projected revenue loss of 50% by year end. In response, the stock drops suddenly to $25/ share. How much are you asked to deposit in the account to restore the margin to 30% ? (note: margin is calculated as the net work in the account divided by the market value of the securities)
b. (2 pts.) Assume that on a very bad earnings call, the CFO of Telcom discloses a projected revenue loss of 50% by year end. In response, the stock drops suddenly to $25/share. How much are you asked to deposit in the account to restore the margin to 30%? (note: margin is calculated as the net work in the account divided by the market value of the securities)
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