You have been watching Anglo Platinum (JSE: AMS) and believe that the share price should increase over the next two mont

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answerhappygod
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You have been watching Anglo Platinum (JSE: AMS) and believe that the share price should increase over the next two mont

Post by answerhappygod »

You have been watching Anglo Platinum (JSE: AMS) and believe
that the share price should increase over the next two months.
Assuming that your broker charges a borrowing rate of 7% a year,
requires an initial margin of 60%, maintenance margin of 30% and an
initial assumed exposure of 1000 shares, calculate:
Time: Bid
1. Return on then margin strategy
2. The price
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