Question
TRICKY Q: 2 month not one Alyah purchased 1,000 commercial bills; each cost her $95 and will be matured after 2 months with the face
TRICKY Q: 2 month not one
Alyah purchased 1,000 commercial bills; each cost her $95 and will be matured after 2 months with the face value of $100 per each bill. Her EAR will be (round your answer to two decimals):
Select one:
A. 5.26%.
B. 85%.
C. 36.04 %
which of the following is correct regarding to a Margin Call.
Select one:
A. margin calls won't occur when securities' price increase.
B. A broker has a right to sell all of the investors' securities in case of his/her position declined and not adding more cash to the position.
C. all of the choices are correct.
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