What is the margin in dollars

Assignment Help Finance Basics
Reference no: EM132466530

Problem: Suppose that an investor establishes a fully margined long position of 500 shares of firm A at a price of $32 per share. The initial margin is 50 percent and interest on the margin loan is 10 percent annual. Brokerage costs are $10 per transaction.

a. What is the margin in dollars?

b. Show the "T" account immediately after the investor takes the position. Show the calculations for the numbers in the "T" account. (calcs)

b. If the share price rises to $40 after 4 months, show the "T" account at that point in time.

c. What is the actual margin at a share price of $40?

d. If the maintenance margin requirement is 30 percent, at what price would the investor receive a margin call?

e. After 6 months, the investor sells the shares for $41. During the holding period, the investor received a dividend of $.80 per share. Considering the round-trip brokerage costs and interest on the margin loan, what was the investor's return for the 6-month holding period?

Reference no: EM132466530

Questions Cloud

Analyze the major sociological theories : Analyze the major sociological theories. Select five theories that you feel would benefit your community. Rank them in order of most effective to least.
How has the use of technology-aided : How has the use of technology-aided in advancing investigative processes for mitigating incidents of criminal behavior within our neighborhoods?
What specific value can offer naiser and associates : What specific value can offer Naiser and Associates. How can you most effectively communicate the value of your proposed office equipment design?
What is the actual margin in percent at a share price : Suppose that an investor sells short 300 shares of Q Corporation stock at $41 a share. The initial margin requirement is 50 percent, the maintenance margin
What is the margin in dollars : Suppose that an investor establishes a fully margined long position of 500 shares of firm A at a price of $32 per share. The initial margin is 50 percent
What are the stages of a corporations life cycle : What are the stages of a corporation's life cycle? How can a corporation's life cycle be extended? What stage is Chick- Fil- A in?
Components of balance sheet and the income statement : Please list the components of the balance sheet and the income statement. In addition, please explain how each financial statement differs and its focus.
Determining the resources and funding : Your school district has deciding to use grants to help supply funds to restructure the technology base within the school district.
Brief description of product-market : Brief description of product-market (shares, trends, macro-environmental issues)?Demographics profile (e.g., who are the consumers? the heavy users?media habit)

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd