The stock price of Apple is $105. You have $10,000 to invest. The monthly interest rate is 0.5%.

Attempt 1/10 for 10 pts.

Part 1

You think the stock price will go up soon, and want to trade 112 shares. What should you do? Enter 112 for buying 112 shares (on margin if necessary), or -112 for selling or short-selling 112 shares.

Correct

You should buy 112 shares to benefit from an increase in the stock price.

Attempt 3/10 for 10 pts.

Part 2

What is your initial percentage margin (entered as a decimal number)?

Submit

Attempt 2/10 for 10 pts.

Part 3

Two months later, the stock price is $125. What is your percentage margin (entered as a decimal number)?

Submit