Question 4 1 pts a Neshoba Industries stock is selling for $33 a share. You would like to purchase as many shares of thi
Posted: Sat Nov 27, 2021 5:29 pm
Question 4 1 pts a Neshoba Industries stock is selling for $33 a share. You would like to purchase as many shares of this stock as you can. Your margin account currently has available cash of $7,000 and the initial margin requirement is 65%. What is the maximum number of shares you can buy? 193 shares 287 shares 300 shares 326 shares 606 shares