Question 1

1. Builtrite stock is currently selling for $40 a share. You purchase 200 shares and later the stock is selling for $46 a share. Without using margin, what is your ROI?

   	13.0%
   	15.0%
   	26.0%
   	30.0%

1 points

Question 2

1. Builtrite stock is currently selling for $40 a share. You purchase 200 shares and later the stock is selling for $46 a share. Using 60% margin, what is your ROI?

   	16.0%
   	20.0%
   	18.0%
   	25.0%

1 points

Question 3

1. Builtrite stock is currently selling for $40 a share. You purchase 200 shares and later the stock is selling for $46 a share. What stock price would trigger a margin call (using 25%)?

   	$64.00
   	$21.33
   	$32.00
   	$42.67

1 points

Question 4

1. You are considering the purchase of a stock with the following characteristics: the current price is $26 and you expect three annual dividends of $.40, $.50 and $.60, and at the end of three years you anticipate the stock will sell for $35. What is the AYTM of the stock?

   	11%
   	13%
   	12%
   	10%

1 points

Question 5

1. You decide to sell 100 shares of Builtrite short at a current price of $64 a share. Later Builtrite is selling for $58 a share. Using 60% margin, What is your ROI?

   	23.4%
   	25.9%
   	17.2%
   	15.6%