Reference no: EM132779810
-You sold short 409 shares of common stock at $19 per share. The initial margin is 63%. You must put up how much your own equity?
-You just bought 200 shares of a stock priced at $48 per share using 50% initial margin. The broker charges 4% annual interest rate on the margin loan and requires a 30% maintenance margin. One year later stock price dropped to 28 and you recieved margin call, to restore your margin to the initial margin level, how much would you need to deposit?
-You purchased 200 shares of ABC common stock on margin at $65 per share. Assume the initial margin is 50% and the maintenance margin is 25% and there is no interest on borrowed amount. You will get a margin call if the stock drops below what price?
-You sell short 100 shares of company A which are currently selling at $47 per share. You post the 50% margin required on the short sale. If your broker requires a 40% maintenance margin, at what stock price will you get a margin call?
-You purchased 250 shares of common stock on margin for $45 per share. The initial margin is 65% and the stock pays no dividend. Your rate of return would be how much if you sell the stock at $36 per share. Ignore interest on margin.
-You short-sell 200 shares of Tommy co. now selling for $37 per share. If you wish to limit your loss to $1,450, you should place a stop-buy order at what price?