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Builtrite is currently selling for $40 a share. You purchase 100 shares and later thestock is selling for $48 a share. a) Without using margin,
Builtrite is currently selling for $40 a share. You purchase 100 shares and later thestock is selling for $48 a share.
a) Without using margin, what is your ROI?
b) Using 60% margin, what is your ROI?
c) What stock price would trigger a margin call?
d) You decide to try pyramiding, with 60% margin, how much new stock could you purchase with no additional money down?
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