Homework Answers
| Purchase Value of Share | $ | 26950 | 550 shares * 49 per share | ||||||||
| Amount Borrowed | $ | 13475 | Purchase Value of Shares- Margin Account DEPOSIT | ||||||||
| Interest On Loan | $ | 237.86 | (13475)*(1.0725^3/12) - 13475 | ||||||||
| Dividend Received on Shares | $ | 154 | 550 shares * Dividend per share | ||||||||
| Sale Value of Shares | $ | 30800 | 550 shares * S.P.Per share | ||||||||
| Return on Dollar | $ | 3766.14 | Sale value+ Dividend- Margin amount-Interest on loan-Loan borrowed | ||||||||
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You've just opened a margin account with $13.475 at your local brokerage firm. You instruct your...
You've just opened a margin account with $25,970 at your local brokerage firm. You instruct your...
You've just opened a margin account with $25,970 at your local brokerage firm. You instruct your broker to purchase 700 shares of Landon Golf stock, which currently sells for $53 per share. Suppose the call money rate is 5 percent and your broker charges you a spread of 1.5 percent over this rate. You hold the stock for six months and sell at a price of $60 per share. The company paid a dividend of $0.60 per share the day...
You've just opened a margin account with $15,600 at your local brokerage firm. You instruct your...
You've just opened a margin account with $15,600 at your local brokerage firm. You instruct your broker to purchase 650 shares of Landon Golf stock, which currently sells for $48 per share. Suppose the call money rate is 6 percent and your broker charges you a spread of 1.5 percent over this rate. You hold the stock for four months and sell at a price of $55 per share. The company paid a dividend of $0.27 per share the day...
ILUUGUULICO COMIGUU. Return to question You've just opened a margin account with $32,175 at your local brokerage firm....
ILUUGUULICO COMIGUU. Return to question You've just opened a margin account with $32,175 at your local brokerage firm. You instruct your broker to purchase 750 shares of Landon Golf stock, which currently sells for $78 per share. Suppose the call money rate is 6.5 percent and your broker charges you a spread of 1 percent over this rate. You hold the stock for three months and sell at a price of $85 per share. The company paid a dividend of...
You’ve just opened a margin account with $15,600 at your local brokerage firm. You instruct your...
You’ve just opened a margin account with $15,600 at your local brokerage firm. You instruct your broker to purchase 650 shares of Landon Golf stock, which currently sells for $48 per share. Suppose the call money rate is 6 percent and your broker charges you a spread of 1.5 percent over this rate. You hold the stock for four months and sell at a price of $55 per share. The company paid a dividend of $0.27 per share the day...
You’ve just opened a margin account with $25,740 at your local brokerage firm. You instruct your...
You’ve just opened a margin account with $25,740 at your local brokerage firm. You instruct your broker to purchase 450 shares of Landon Golf stock, which currently sells for $88 per share. Suppose the call money rate is 5.5 percent and your broker charges you a spread of 1.25 percent over this rate. You hold the stock for four months and sell at a price of $95 per share. The company paid a dividend of $0.55 per share the day...
You’ve just opened a margin account with $32,240 at your local brokerage firm. You instruct your...
You’ve just opened a margin account with $32,240 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $62 per share. Suppose the call money rate is 5.5 percent and your broker charges you a spread of 1 percent over this rate. You hold the stock for six months and sell at a price of $69 per share. The company paid a dividend of $0.53 per share the day...
Check my work 12 You've just opened a margin account with $15,000 at your local brokerage...
Check my work 12 You've just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $26 per share. 3 points a. What is your initial margin? (Enter your answer as a percent rounded to 2 decimal places.) Initial margin C % eBook Print b. Construct the equity account balance sheet for this position. Assets 800 shares Liabilities and account equity Margin loan...
Suppose you buy a round lot of Francesca Industries stock (100 shares) on 60 percent margin...
Suppose you buy a round lot of Francesca Industries stock (100 shares) on 60 percent margin when the stock is selling at $30 a share. The broker charges a 8 percent annual interest rate, and commissions are 4 percent of the stock value on the purchase and sale. A year later you receive a $0.70 per share dividend and sell the stock for $40 a share. What is your rate of return on Francesca Industries? Do not round intermediate calculations....
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.)...
Suppose you buy a round lot of Francesca Industries stock (100 shares) on 65 percent margin...
Suppose you buy a round lot of Francesca Industries stock (100 shares) on 65 percent margin when the stock is selling at $15 a share. The broker charges a 8 percent annual interest rate, and commissions are 4 percent of the stock value on the purchase and sale. A year later you receive a $0.75 per share dividend and sell the stock for $21 a share. What is your rate of return on Francesca Industries? Do not round intermediate calculations....
You've just opened a margin account with $25,970 at your local brokerage firm. You instruct your broker to purchase 700 shares of Landon Golf stock, which currently sells for $53 per share. Suppose the call money rate is 5 percent and your broker charges you a spread of 1.5 percent over this rate. You hold the stock for six months and sell at a price of $60 per share. The company paid a dividend of $0.60 per share the day...
You've just opened a margin account with $15,600 at your local brokerage firm. You instruct your broker to purchase 650 shares of Landon Golf stock, which currently sells for $48 per share. Suppose the call money rate is 6 percent and your broker charges you a spread of 1.5 percent over this rate. You hold the stock for four months and sell at a price of $55 per share. The company paid a dividend of $0.27 per share the day...
ILUUGUULICO COMIGUU. Return to question You've just opened a margin account with $32,175 at your local brokerage firm. You instruct your broker to purchase 750 shares of Landon Golf stock, which currently sells for $78 per share. Suppose the call money rate is 6.5 percent and your broker charges you a spread of 1 percent over this rate. You hold the stock for three months and sell at a price of $85 per share. The company paid a dividend of...
Check my work 12 You've just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $26 per share. 3 points a. What is your initial margin? (Enter your answer as a percent rounded to 2 decimal places.) Initial margin C % eBook Print b. Construct the equity account balance sheet for this position. Assets 800 shares Liabilities and account equity Margin loan...
Suppose you buy a round lot of Francesca Industries stock (100 shares) on 60 percent margin when the stock is selling at $30 a share. The broker charges a 8 percent annual interest rate, and commissions are 4 percent of the stock value on the purchase and sale. A year later you receive a $0.70 per share dividend and sell the stock for $40 a share. What is your rate of return on Francesca Industries? Do not round intermediate calculations....
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.)...
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