A trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per...
A trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. If the maintenance margin requirement is 50%, below what stock price will she receive a margin call?
Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67.
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A trader opens a brokerage account and purchases 300 shares of
Internet Dreams at $40 per...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. She borrows $2,500 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in Dée's account when she first purchases the stock? Margin b. If the share price falls to $10 per share by the end of the year, what is the remaining margin in her account? (Round your answer to...
Dée Trader opens a brokerage account, and purchases 390 shares of Internet Dreams at $72 per...
Dée Trader opens a brokerage account, and purchases 390 shares of Internet Dreams at $72 per share. She borrows $3,610 from her broker to help pay for the purchase (Ignore transaction costs). The interest rate on the loan is 8%. Requirement 1: What is the margin (aka, $ of equity) in Dée's account when she first purchases the stock? (Omit the "$" sign in your response.) Margin $ Requirement 2: (a) If the share price falls to $62 per share...
Dée trailer opens a brokerage account and purchases 100 Shares of Internet dreams that $60 per...
Dée trailer opens a brokerage account and purchases 100 Shares
of Internet dreams that $60 per share. She borrows $2000 from her
broker to help pay for the purchase. The interest rate on the loan
is 10% what is the margin in his account when she first purchase
the stock? If the share price falls to $50 per share by the end of
the year what is the remaining margin in her account? (Round your
answer to two decimal places.)...
The following information applies to the next two questions. Dée Trader opens a brokerage account and...
The following information applies to the next two questions. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places Your Answer Answer uestion 2 (1 point) If the share price falls to...
The following information applies to the next two questions Dée Trader opens a brokerage account and...
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer Answer Question 2 (1 point) If the share price falls to...
Below is my question and my professors answer. I do not understand how she gets (B)...
Below is my question and my professors answer. I do not
understand how she gets (B) or (C), if someone could help explain
this it would be much appreciated. Thanks!
15. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%. (LO 34) a. What is the margin in Dée's account when she...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU. The following information applies to the next...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU.
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer: Answer Question...
Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $75 per...
Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $75 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $75 to $89.50, and the stock has paid a dividend of $11.00 per share. a. What is the remaining margin in the account? Remaining margin $ b-1. What is the margin on the short position? (Round your answer to 2...
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public...
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public offering. The underwriter's explicit fees were $36,000. The offering price for the shares was $68, but immediately upon issue, the share price jumped to $70.00 a. What is the total cost to DRK of the equity issue? Total cost b. Is the entire cost of the underwriting a source of profit to the underwriters? Yes No 1 of 5 !!! Next > Co search...
simran has brokerage account and intends to purchase 300 shares of TAta at r.s 40 per...
simran has brokerage account and intends to purchase 300 shares of TAta at r.s 40 per share. she has available capital is 8,000. she ask her broker for a broker’s call with the interest rate on the loan at 8% per year. the interest payment happens end of the year. What is the percentage margin in your account when she purchased the 300 shares If stock price falls to r.s 20 per share by the end of the year, what...
Dée Trader opens a brokerage account and purchases 400 shares of Internet Dreams at $20 per share. She borrows $2,500 from her broker to help pay for the purchase. The interest rate on the loan is 7%. a. What is the margin in Dée's account when she first purchases the stock? Margin b. If the share price falls to $10 per share by the end of the year, what is the remaining margin in her account? (Round your answer to...
Dée trailer opens a brokerage account and purchases 100 Shares
of Internet dreams that $60 per share. She borrows $2000 from her
broker to help pay for the purchase. The interest rate on the loan
is 10% what is the margin in his account when she first purchase
the stock? If the share price falls to $50 per share by the end of
the year what is the remaining margin in her account? (Round your
answer to two decimal places.)...
The following information applies to the next two questions. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places Your Answer Answer uestion 2 (1 point) If the share price falls to...
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer Answer Question 2 (1 point) If the share price falls to...
Below is my question and my professors answer. I do not
understand how she gets (B) or (C), if someone could help explain
this it would be much appreciated. Thanks!
15. Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%. (LO 34) a. What is the margin in Dée's account when she...
ROUNDED TO TWO DECIMAL PLACES AS NEEDED. THANK YOU.
The following information applies to the next two questions Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. Question 1 (1 point) What is the initial margin in Dée's account when she first purchases the stock? Enter your answer as a decimal, rounded to two decimal places. Your Answer: Answer Question...
Saved Help Se Problem 3-14 DRK, Inc., has just sold 60,000 shares in an initial public offering. The underwriter's explicit fees were $36,000. The offering price for the shares was $68, but immediately upon issue, the share price jumped to $70.00 a. What is the total cost to DRK of the equity issue? Total cost b. Is the entire cost of the underwriting a source of profit to the underwriters? Yes No 1 of 5 !!! Next > Co search...
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