Question
Your friend has a margin account with 1000 shares of Beyond Meat (BYND) trading at $92.58/share. To finance her position she took a loan of
Your friend has a margin account with 1000 shares of Beyond Meat (BYND) trading at $92.58/share. To finance her position she took a loan of $40,000 and the account has a maintenance margin of 15%. What is the maximum amount of money she may withdraw from this account before suffering a call or having to close her position? [Choose the closest answer]
13,887
38,693
40,000
45,520
92,580
If you knew she bought her shares at a price of $65.75 exactly one month ago, what is her annualized rate of return if she closes the account today?
6%
63%
104%
4,096%
525,336%
Please show all work
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