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The price of Facebook stock is currently $46.46 and you decide to buy 190 shares on margin. The inital margin is 60%. How much money
The price of Facebook stock is currently $46.46 and you decide to buy 190 shares on margin. The inital margin is 60%.
How much money will you borrow from the broker if you borrow as much as possible?
If the price falls to $42, what is the new percentage margin in the account?
If the broker's maintenance margin is 20%, what is the minimum value the stock price can take before you are issued a margin call?
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