Question
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
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? 150 200 300 750 2,000
Question 45 1 Point What is the initial margin? 33.33% 40% 45% 50% 66.67%
Question 46 1 Point What will be your rate of return if IBN stock price rises to $60? 14% 16% 25% 30% 40%
Question 47 1 Point In the above, i.e., when stock price rises to $60, what is the actual margin? 50.2% 55.7% 62.5% 64.3% 72.2%
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