FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the margin call price for a trader that is currently opening a margin long position of 1 AAPL share using his pre-existing 1

What is the margin call price for a trader that is currently opening a margin long position of 1 AAPL share using his pre-existing 1 AAPL share as collateral? Assume the current market price of AAPL is $100, entry price is $100, and margin maintenance is 15%.

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: 3

blur-text-image

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

Intermediate Financial Management

Intermediate Financial Management

Authors: Eugene F. Brigham, Phillip R. Daves

8th Edition

0324258917, 9780324258912

More Books

Students also viewed these Finance questions

Question

★★★★★
Are call centers good for CRM? Explain.

Answered: 1 week ago

Question

★★★★★
Identify three potential unethical actions or inactions related to decision analysis and the ethical principle each violates.

Answered: 1 week ago

Question

★★★★★
Explain how humanistic therapists use the technique of reflection.

Answered: 1 week ago

Question

★★★★★
People often wait until middle age to worry about having a healthy heart. However, recent studies have shown that earlier monitoring of risk factors such as blood pressure can be very beneficial (The...

Answered: 1 week ago

Question

★★★★★
What happened with state politics in the last decades of the 1 8 t h century ( 1 7 0 0 s ) and first half of the 1 9 t h century - states institutionalized is a coed difference of wealthy, elite, and...

Answered: 1 week ago

Question

★★★★★
American Military University A left-tailed z-test found a test statistic of z = -1.99. At a 5% level of significance. what would the correct decision be? Do not reject Ho Do not reject H, Accept Ho...

Answered: 1 week ago

Question

★★★★★
3 7. JL. Industries Corp. is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years, 18 percent over the following year, and then 8 percent per...

Answered: 1 week ago

Question

★★★★★
YOUR GM HAS CALLED YOU INTO THE OFFICE AND SHARED WITH YOU THAT YOUR HOUSEKEEPING AAA INSPECTION SCORE HAS FALLEN 5 POINTS BECAUSE OF CONSISTENCY ISSUES IN SERVICE AND THE HOTEL IS IN JEOPARDY OF...

Answered: 1 week ago

Question

★★★★★
Follow these steps for this discussion board: 1-Find an example of a business committing a tort (news article, law website, etc.). This could be from a court case or it may have been handled...

Answered: 1 week ago

Question

★★★★★
BlackBerry is dedicated to addressing the most important environmental issues facing the technology sector, fostering equality for all people, and having a positive influence on our local...

Answered: 1 week ago

Question

★★★★★
Lower-than-expected demand for Apple's new iPhones and the company's decision to offer more models have created turmoil along its supply chain and made it harder for Apple to predict the number of...

Answered: 1 week ago

Question

★★★★★
Residents of the care homes and their families were likely to benefit from the outcomes of Jagritis study but which other groups of people might benefit from Jagritis project? Identify at least two...

Answered: 1 week ago

Question

★★★★★
What skills and qualities, relevant to being a practitioner-researcher, would you like to further develop in the future? How might you go about developing in these areas?

Answered: 1 week ago

Question

★★★★★
In what ways did your position (as an outsider, insider, colleague, manager and so on) affect trust between you and others? If you were to have the opportunity to start over again with your research...

Answered: 1 week ago

Previous Question Next Question