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You are buying 5,023 shares of ABC Corp at $34.37 per share in a portfolio without any other securities. If the margin requirement is 43.42%,

You are buying 5,023 shares of ABC Corp at $34.37 per share in a portfolio without any other securities. If the margin requirement is 43.42%, how much maximum broker loan can you take out for a LONG position in this stock? Assume zero trading commissions.

Question 15 options:

$95,238

$97,680

$100,122

$102,564

$105,006

You are short selling 5,200 shares of ABC Corp at $33.03 per share in a portfolio without any other securities. If the margin requirement is 43.07%, how much of your own equity is needed at a minimum for a SHORT position in this stock? Assume zero trading commissions.

Question 16 options:

$70,277

$72,126

$73,975

$75,825

$77,674

Your trading account has $89,235 of equity in the form of cash, with no other securities or existing liabilities. Your want to short sell shares of ABC Corp at $24.99 per share. Assuming zero trading commissions, what is the maximum number of shares you can short sell if the margin requirement is 55.61%?

Question 17 options:

6,260

6,421

6,582

6,742

6,903

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