You have been closely watching AMAZON (NSE: AMZ) 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 closely watching AMAZON (NSE: AMZ) and believe that the share price should increase over the next two mont

Post by answerhappygod »

You have been
closely watching AMAZON (NSE: AMZ) 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:
A) US$21.66
B) US$19.39
C) US$16.79
D) US$13.35
E) US$22.41
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