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please answer as much as possible and I will give you a like!!! thankyou Question 1 (17 marks) Mandy purchases 4,000 shares of EHM stock
please answer as much as possible and I will give you a like!!! thankyou
Question 1 (17 marks) Mandy purchases 4,000 shares of EHM stock on margin at $80 per share. The initial margin requirement on a stock purchase is 60%. The interest rate is 2% per week. i. How much is the margin in Mandy's account when she first purchases EHM stock? (2 marks) in. What is the remaining margin in the account if EHM share price falls to $65 per share after week? Will she receive a margin call if the maintenance margin requirement is 30%? (6 marks) a Determine the rate of return on her investmentStep by Step Solution
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