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If the initial margin is 50%, and you are buying 200 shares at P30/share, a. how much money do you have to have to provide?
If the initial margin is 50%, and you are buying 200 shares at P30/share,
a. how much money do you have to have to provide?
b. If you sell at a price of P20 one year from now and the margin interest rate was 10%, what was your rate of return?
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a To determine how much money you need to provide well calculate the initial margin requirement The ...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
