Question
You acquired #300 shares@$60 per share with a total cost of $18000.With a 50% initial margin what would be your equity?If the stock value increases
You acquired #300 shares@$60 per share with a total cost of $18000.With a 50% initial margin what would be your equity?If the stock value increases to $70 per share,what is the total market value of your share? If the minimum maintenance margin is 25% at what price will you receive a margin call?
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
