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Suppose an investor with $35,000 is bullish about a stock that currently trading at $70 /share. Initial margin (IM) is 50%, and maintenance margin (MM)
Suppose an investor with
$35,000
is bullish about a stock that currently trading at
$70
/share. Initial margin (IM) is 50%, and maintenance margin (MM) is
40%
.\ a. If price goes up to
$(800)/()
share, what is the return?\ a.
2857%
\ b.
25.78%
\ c.
14.63%
\ d.
13.64%
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