Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 19, 2024

You purchased one hundred shares of MSFT for fifty dollars per share using a sixty percent initial margin. The price of the stock falls to

You purchased one hundred shares of MSFT for fifty dollars per share using a sixty percent initial margin. The price of the stock falls to thirty dollars per share. What is the amount of your margin call if a maintenance margin is thirty percent?

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

International Finance Putting Theory Into Practice

Authors: Piet Sercu

1st edition

069113667X, 978-0691136677

More Books

Students also viewed these Finance questions

Question

★★★★★

List at least five important ecosystem services provided by living organisms.

Answered: 1 week ago

Question

★★★★★

hompson TV and Appliance reported the following in its 2016 financial statements: 2016 Sales $420,000 Cost of goods sold: Inventory, January 1 82,000 Net purchases 340,000 Goods available for sale...

Answered: 1 week ago

Question

★★★★★

Quantity Quantity Price demanded demanded Quantity (per seat) in year 1 in year 2 supplied $25 75,000 60,000 45,000 $30 60,000 55,000 45,000 $35 45,000 50,000 45,000 $40 30,000 45,000 45,000 $45...

Answered: 1 week ago

Question

★★★★★

Doug Turner Food Processors wishes to introduce a new brand of dog biscuits composed of chicken- and liver-flavored biscuits that meet certain nutritional requirements. The liver- flavored biscuits...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

plz help i dont have time Queativi A market where investors trade previously issued securities without the issuing companies' involvement: O Primary market O Secondary market O Stock market O...

Answered: 1 week ago

Question

★★★★★

In a university, a mechanical workshop has four shops, each dedicated to specific problems: foundry shop (shop A), machine shop (shop B), forging shop (shop C), and fabrication shop (shop D). The...

Answered: 1 week ago

Question

★★★★★

Glenview Financial has the following cash transactions for the year. Assume cash at the beginning of the period is $6,200. Prepare a statement of cash flows. (Amounts to be deducted and cash outflows...

Answered: 1 week ago

Question

★★★★★

Q1 Looking back The tale of the accountant and the economist Mary used to work as a marketing manager, but she has set up her own business. Out to dinner one night with her friends Alice the...

Answered: 1 week ago

Question

★★★★★

Kevin's Discount Store stocks toy race cars. Recently, the store has been given a quantity discount schedule for these cars: (1). The normal cost for the toy race cars is $5.00. (2). For orders...

Answered: 1 week ago

Question

★★★★★

What are two ways a Scrum Master promotes T-shaped skill development across the team? (Choose two.) By defining Stories that need cross-functional skills for the team to implement By delivering...

Answered: 1 week ago

Previous Question Next Question