You purchase 547 shares of stock on margin for $48 per share. Your broker requires you to post a 65% initial margin. What much money will you need to borrow from the broker? (Express your solution as a decimal with two digits of accuracy.)
You purchase 547 shares of stock on margin for $48 per share. Your broker requires you...
Suppose you purchase 550 shares of stock at $81 per share with an initial cash investment of $29,000. If your broker requires a maintenance margin of 35 percent, at what share price will you be subject to a margin call? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
You have just purchased 200 shares of stock on margin at $60 per share. The broker lent you $5,000 to help pay for the purchase. a. The initial margin in the account at the time you purchased the stock is 7000 b. If the share price falls to $35 per share, the remaining margin in the account is ______ c. If the maintenance margin requirement is 35%, the amount of the margin call will be _____
Suppose you purchase 950 shares of stock at $63 per share with an initial cash investment of $31,225. If your broker requires a maintenance margin of 30 percent, at what share price will you be subject to a margin call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Margin call price
You short sold 750 shares of stock at $64 per share at an initial margin of 75%.The maintenance margin is 35%. What is the highest the stock price can go before you receive a margin call? (Express your solution to two decimals of accuracy.)
Check my work Suppose you purchase 1,400 shares of stock at $62 per share with an initial cash investment of $45,000. If your broker requires a maintenance margin of 30 percent, at what share price will you be subject to a margin call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) points Margin call price eBook Print
Assume you purchased 500 shares of XYZ common stock on margin at $40 per share from your broker. If the initial margin is 60%, the amount you borrowed from the broker is _________. $20,000 $12,000 $8,000 D.$15,000
You buy 100 shares of stock XYZ at $50/share on margin. Your broker makes you deposit 50% of the cost into your margin account and you borrow the remaining 50% from your broker at 0% interest. When you close out your position, you sell all 100 shares of XYZ for $45 dollars and repay the loan. What was your return on the investment? (it's not -10%)
You purchase 650 shares of 2nd Chance Co. stock on margin at a price of $48. Your broker requires you to deposit $16,000. a. Suppose you sell the stock at a price of $55. What is your return? What would your return have been had you purchased the stock without margin? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Rate of Return With margin % Without margin % b. What is your...
Carlos buys 100 shares of IBM for $100 per share on 50% margin. a) How much money does Carlos need to give to his broker, and how much money does he borrow? b) If IBM goes up to $120 per share, how many more shares could Carlos sell without sending his broker more money? c) If IBM goes down to $80 per share, how much money does Carlos have to send his broker to get back to the 50% margin...
Suppose you purchase 500 shares of stock at $48 per share with an initial cash investment of $8,000. The call money rate is 5 percent and you are charged a 1.5 percent premium over this rate. a. Calculate your return on investment one year later if the share price is $56. Suppose instead you had simply purchased $8,000 of stock with no margin. What would your rate of return have been now? (Do not round intermediate calculations. Enter your answers...