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An investor purchases 400 shares at a price of R28.50 per share. The initial margin requirement is 70%. What is the smallest amount that the investor can put up that will satisfy the initial margin re...

An investor purchases 400 shares at a price of R28.50 per share. The initial margin requirement is 70%. What is the smallest amount that the investor can put up that will satisfy the initial margin requirement?

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Answer #1

We see that the smallest amount that the investor can put up that will satisfy the initial margin requirement=400*28.50*70%=7980

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An investor purchases 400 shares at a price of R28.50 per share. The initial margin requirement is 70%. What is the smallest amount that the investor can put up that will satisfy the initial margin re...
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