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B. QUESTION 9 Assume you purchased 100 shares of common stock at $50 per share using $2,500 of your own money. The initial margin requirement

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QUESTION 9 Assume you purchased 100 shares of common stock at $50 per share using $2,500 of your own money. The initial margin requirement is 50%. If the maintenance margin is 30%, at what price would you get a margin call? 1. $77.12 2. $78.00 3. $26.14 4. $35.71 QUESTION 10 You believe that Thorn Enterprises stock is going to fall, so you have decided to short sell 1,000 shares at a price of $32. Assuming the initial margin requirement is 50 percent. If the maintenance margin is 30 percent, what is the value of your account equity? O 1.$10000 2. $16000 3. $32000 4. $48000

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