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PLEASE SHOW WORK 4. An investor goes long on Walmart Inc. (Ticker: WMT) at a price of $124.18 using a 50% margin. At what price
PLEASE SHOW WORK
4. An investor goes long on Walmart Inc. (Ticker: WMT) at a price of $124.18 using a 50% margin. At what price would the investor face a 30% maintenance margin call? 88.70% 5. You purchase 100 shares of Target Corporation (Ticker: TGT) at $150.09. The margin requirement is 40%. What are the dollar and percentage returns if you sell the stock for $160 and had bought the stock for cash or you sell the stock for $160 and had bought the stock on margin of 40%?1651% 4. An investor goes long on Walmart Inc. (Ticker: WMT) at a price of $124.18 using a 50% margin. At what price would the investor face a 30% maintenance margin call? 88.70% 5. You purchase 100 shares of Target Corporation (Ticker: TGT) at $150.09. The margin requirement is 40%. What are the dollar and percentage returns if you sell the stock for $160 and had bought the stock for cash or you sell the stock for $160 and had bought the stock on margin of 40%?1651%Step by Step Solution
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