You purchase 547 shares of stock on margin for $48 per share. Your broker requires you...
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.)
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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...
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...
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...
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...
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...
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 i...
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...
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....
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...
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...
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...
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
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
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%)
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