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QUESTION 6 You want to purchase a common stock at $50 from your broker using as little of your own money as possible. If
QUESTION 6 You want to purchase a common stock at $50 from your broker using as little of your own money as possible. If initial margin is 50% and you have $100000 to invest, how many shares can you buy? 10 points QUESTION 7 10 points You purchased 250 shares of common stock on margin at $25 per share. Assume the initial margin is 50%. Assume the stock pays no dividend ignore interest on margin. What is your actual margin if the price of the stock changes to $30 per share? QUESTION 8 10 points "You purchased 100 shares of common stock on margin at $55 per share. Assume the initial margin is 50%, and the maintenance margin is 30%. Assume the stock pays no dividend; ignore interest on margin. What would your rate of return be if you sell the stock at $57 per share? Click Save and Submit to save and subenit. Click Save All Answers to save all onneers Save All Awes
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