1. Question 44

   1 Point

   Use the following information for the next 4 questions.

   The current market price of IBN is $50, and you have $10,000 of your own to invest. You borrow an additional $5,000 from your broker, and invest $15,000 in IBN stock. Ignore interest payment.

   How many shares can he purchase?

   1. 150

   2. 200

   3. 300

   4. 750

   5. 2,000

2. Question 45

   1 Point

   What is the initial margin?

   1. 33.33%

   2. 40%

   3. 45%

   4. 50%

   5. 66.67%

3. Question 46

   1 Point

   What will be your rate of return if IBN stock price rises to $60?

   1. 14%

   2. 16%

   3. 25%

   4. 30%

   5. 40%

4. Question 47

   1 Point

   In the above, i.e., when stock price rises to $60, what is the actual margin?

   1. 50.2%

   2. 55.7%

   3. 62.5%

   4. 64.3%

   5. 72.2%