Question
De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to
De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 10 (1 point) What is the initial margin in De's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer: Answer Question 11 (1 point) If the share price falls to $34 per share, what is the margin in her account? Enter your answer as a decimal, rounded to two decimal places. Your Answer:
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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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