Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 04, 2024

Say you buy 87 shares of GS for $164 per share on 70% initial margin. The maintenance margin is 30%. Say GS increases to $200

image text in transcribed

Say you buy 87 shares of GS for $164 per share on 70% initial margin. The maintenance margin is 30%. Say GS increases to $200 per share. What is your margin percentage now? 21.25% 44.57% 71.40% 75.40%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Extinction Governance Finance And Accounting

Authors: Jill Atkins, Martina Macpherson

1st Edition

0367492989, 978-0367492984

More Books

Students also viewed these Finance questions

Question

★★★★★

Find the required outside diameter d for a steel pipe column (see figure) of length L = 20 ft that is pinned at both ends and must support an axial load P = 25 k. Assume that the wall thickness t is...

Answered: 1 week ago

Question

★★★★★

7.84 Wiring Packages The number of wiring pack- ages that can be assembled by a company's employees has a normal distribution, with a mean equal to 16.4 per hour and a standard deviation of 1.3 per...

Answered: 1 week ago

Question

★★★★★

12.30 Systolic Blood Pressure (SBP) and Body Mass Index (BMI), continued Refer to Exercise 12.29. a. Use the MINITAB printout to find the value of the coefficient of determination, 2. Show that P =...

Answered: 1 week ago

Question

★★★★★

Congratulations! You have won a state lottery. The state lottery offers you the following (after- tax) payout options: Option # 1: $ 15,000,000 after five years Option # 2: $ 2,150,000 per year for...

Answered: 1 week ago

Question

★★★★★

The manifnetunng oubchead buboet m holeh Copporaton s based on budgeted drest habochours. Tho dired labor budget indicates that 8.000 direct Mityis chece 106.220 51+1620

Answered: 1 week ago

Question

★★★★★

PROJECT CASE: PART A BACKGROUND Adam Kleen Enterprise (AKE) was initially set up as a convenient shop selling laundry related items by Adam Bollan. Despite having good results in the national-level...

Answered: 1 week ago

Question

★★★★★

LMP Limited is a company founded by a group of marketing consultants. They had taken advantage of their clients career placement services, and thought they could offer additional supplemental...

Answered: 1 week ago

Question

★★★★★

Nissan Motors accepted an order for 10 units of Urvan Escapade on a job order cost system. Job 3-601 is assigned for this order. The following costs are incurred for the manufacture of the 10 unit:...

Answered: 1 week ago

Question

★★★★★

Can you discuss some aspect of the source that is interesting and why. Be sure to relate your post to some type of workplace hazard and/or method(s) for protecting employees from the hazard...

Answered: 1 week ago

Question

★★★★★

Use the following sections to write an essay on differentiated/decision- making theory in education a. Introduction b. Literature review c. Strengths and weakness d. Conclusion

Answered: 1 week ago

Question

★★★★★

Operating Leverage. Airlines offer an example of an industry in which the degree of operating leverage is fairly high. Why? Taking the public information of the last Annual Report published by an...

Answered: 1 week ago

Question

★★★★★

Does my speaking outline provide important delivery cues that will help me when I present?

Answered: 1 week ago

Question

★★★★★

Have I verified the style of my outline with my instructor (for example, a sentence outline for a preparation outline, or a phrase outline for a speaking outline)? 1. Take a look at the outline of...

Answered: 1 week ago

Question

★★★★★

Presentation Aids Practicing Your Speech?

Answered: 1 week ago

Previous Question Next Question