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Intro The price of Facebook stock is currently $36.05 and you decide to buy 130 shares on margin. The inital margin is 60%. Part 1
Intro The price of Facebook stock is currently $36.05 and you decide to buy 130 shares on margin. The inital margin is 60%. Part 1 - Attempt 1/10 for 10 pts. How much money will you borrow from the broker if you borrow as much as possible? 0+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. If the price falls to $31.59, what is the new percentage margin in the account? 2+ decimals Submit Part 3 | Attempt 1/10 for 10 pts. If the broker's maintenance margin is 20%, what is the minimum value the stock price can take before you are issued a margin call? 1+ decimals Submit
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