Question
You plan to purchase 50 shares of GOOG at $200 per share. The initial margin is 50% and the maintenance margin is 40%. a) Calculate
You plan to purchase 50 shares of GOOG at $200 per share. The initial margin is 50% and the maintenance margin is 40%. a) Calculate the maximum loan that you can borrow at the beginning. b) If the price falls $180 per share, whether you will have a margin call? c) Calculate the highest stock price that will trigger a margin call.
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
