Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 15, 2024

You buy on margin 100 shares of MSFT at $20 per share. The initial margin is 25%. If the price drops to $18, what is

You buy on margin 100 shares of MSFT at $20 per share. The initial margin is 25%. If the price drops to $18, what is your percent profit or loss?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Finance For Non Financial Managers

Authors: Pierre G. Bergeron

5th Edition

0176104070, 9780176104078

More Books

Students also viewed these Finance questions

Question

★★★★★

Explain why mutations of the Arg residue in Gs that is ADPribosylated by cholera toxin are oncogenic mutations.

Answered: 1 week ago

Question

★★★★★

Under what conditions will consumers dispose of recyclable paper in the garbage? This was the question of interest in an article published in the Journal of Consumer Research (December, 2013). In one...

Answered: 1 week ago

Question

★★★★★

To what extent do you believe that insight, or making the unconscious conscious, is essential to overcoming psychological problems?

Answered: 1 week ago

Question

★★★★★

LeAnn Sands wants to conduct revenue breakeven analyses of Salza Technology Corporation for 2010. Income statement information is shown in Problem 8. For 2010, the firms cost of goods sold is...

Answered: 1 week ago

Question

★★★★★

If you had the choice to purchase common stock or preferred stock from your company, which would you choose? Why? Which is more risky? Which is the better deal? Your opinion should be based on your...

Answered: 1 week ago

Question

★★★★★

Read the requirements. Requirement 1. Compute the product cost per game produced under absorption costing and under variable costing. October 2018 Variable Absorption costing costing Total product...

Answered: 1 week ago

Question

★★★★★

The workplace practice of referring to your boss by his or her first name describes which of the following cultural characteristics? Collectivism Long-term orientation Individualism Low power...

Answered: 1 week ago

Question

★★★★★

To develop the agile capability for an organization s supply chain, they must start from within. Often centralized operations need to be decentralized to cut bureaucracy to respond to local...

Answered: 1 week ago

Question

★★★★★

Question 4. Fashion Extended bought some inventory from Calvin Klein in 2020 for $540,000 on credit terms and paid for the inventory in 2021. In 2021 Fashion Extended sold $315,200 of the inventory...

Answered: 1 week ago

Question

★★★★★

.80 80 Create the part shown in the orthographic multi-view drawing. Verify that you have the mass correct, then input the SURFACE AREA below. Units: IPS Part Origin: Arbitrary Material: ABS Mass:...

Answered: 1 week ago

Question

★★★★★

Keiras Kar Company purchases a Machine and incurs the following costs: Purchase Price $250,000 Sales Tax $5,000 Installation Cost $1,500 Electricity Costs for the Year $2,000 Deliver Costs $500...

Answered: 1 week ago

Question

★★★★★

Youve recently become an acquaintance with Ahmed, an international exchange student from Saudi Arabia. At one point in an early conversation with Ahmed you ask, What would you like me to know about...

Answered: 1 week ago

Question

★★★★★

In keeping with #1, think about all the things you applied to your body today so that you do not smell like a human (think of all the products you used today to manipulate your smell). Toothpaste,...

Answered: 1 week ago

Question

★★★★★

What communication strategies do you use to reduce uncertainty when interacting with others?

Answered: 1 week ago

Previous Question Next Question