You want to buy 800 shares of stock priced at $120 per share Initial margin requirement is 75 Maintenance margin requirement is 40 a What is the value of your risky position b How much of your own funds do you have to provide c If the stock price goes up 10 what will be your return d At which price...

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You want to buy 800 shares of stock priced at $120 per share. Initial margin requirement is

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You want to buy 800 shares of stock priced at $120 per share. Initial margin requirement is 75%. Maintenance margin requirement is 40%.
a. What is the value of your risky position?
b. How much of your own funds do you have to provide?
c. If the stock price goes up 10% what will be your return?
d. At which price will you face margin call?
e. After facing a margin call, how much cash you will need to contribute to restore initial margin?