Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

URGENT MCQ! In 20 mins please! Please no need to solve and dont show the working, please just tell quickly if answer is A, B,

URGENT MCQ! In 20 mins please! Please no need to solve and dont show the working, please just tell quickly if answer is A, B, C or D ASAP! JUST ANSWER THE OPTION! Thank you in advance!

An investor purchases 100 shares of MSFT stocks on margin at the price of $200. The initial margin is 40%. At the end of transaction, the price is $205. The investor should return _____ to the broker?

A. 100 shares of MSFT

B. $100*205*40%

C. $100*200

D. $100*200*40%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_step_2

Step: 3

blur-text-image_step3

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

More Books

Students also viewed these Finance questions

Question

Why is character so important to those who hope to lead others?

Answered: 1 week ago

Question

Evaluate the importance of the employee handbook.

Answered: 1 week ago

Question

Discuss the steps in the progressive discipline approach.

Answered: 1 week ago