Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. determine in each of the following examples at wha

Determine in each of the following examples at what share price you will receive a...

90.2K

Verified Solution

Question

Accounting

Determine in each of the following examples at what share price you will receive a margin call. Round prices to the nearestcent and round shares to the nearest whole number.

a. You borrow $10,000 on margin and buy shares of a stock currently trading for $25 per

share. Your initial margin requirement is 50% and the maintenance margin is 35%.

b. You borrow $7,000 on margin and buy shares of a stock currently trading for $35 per share. Your initial marginrequirement is 40% and the maintenance margin is 30%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

(Calculating project cash flows and? NPV)??Raymobile Motors is considering the purchase of a new production machine...

Finance
Q

Research Scenario: You have been raising Bombina orientalis, or Oriental fire-bellied toads, and measured the frogs’ jumps...

Psychology
Q

Consumer Perception as a branch of Consumer Behaviour in Marketing Studies

General Management
Q

10 With regard to enzymes why are vitamins necessary for good health Give examples DA

Biology
Q

Your answers MUST BE VERY PRECIS Single nucleotides are added to a gro named Hydrogen...

Biology
Q

Find the equation of the ellipse with the center (6,3), a focus at (3,3), and...

Basic Math
Q

8 Why is the derivative 1 2 x 1 equal to arcsin x 1 1...

Calculus
Q

Write a tax research memo using the information. You need to include facts, issues, conclusions,...

Accounting
Q

The following partial balance sheet is provided for Groome Company: Liabilities and Stockholders' Equity Retained...

Accounting
Q

A worthless security had a holding period of 6 months when it became worthless on...

Accounting
Q

Determine the average rate of return for a project that is estimated to yield total...

Accounting
Q

>>Need to read the whole case to answer Question 1 >>Need to read the whole...

Accounting