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QUESTION 3 Below are weekly prices for Lumber Liquidators (LL). Date Feb 16 1421 Feb 8 12.33 Feb 1 1234 Jan 25 12.91 Jan 19
QUESTION 3 Below are weekly prices for Lumber Liquidators (LL). Date Feb 16 1421 Feb 8 12.33 Feb 1 1234 Jan 25 12.91 Jan 19 12.30 Jan 15 12.15 Prices You buy 4000 shares of Lumber Liquidators on margin on January 15. In violation of the federal minimum, your initial margin is 25. If the maintenance margin is 20%, you get a margin call on: 1. Feb 16 IL Feb 8 I. Feb 1 IV.Jan 25 V. Jan 19 VI. Jan 15 A. You never get a margin call OB.IV . D.1 O E IL, LV F. I and IV
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