Question 22 3 pts Your margin account currently totals $100,000, and your margin loan balance is at $40,000. If you want

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Question 22 3 pts Your margin account currently totals $100,000, and your margin loan balance is at $40,000. If you want

Post by answerhappygod »

Question 22 3 Pts Your Margin Account Currently Totals 100 000 And Your Margin Loan Balance Is At 40 000 If You Want 1
Question 22 3 Pts Your Margin Account Currently Totals 100 000 And Your Margin Loan Balance Is At 40 000 If You Want 1 (27.65 KiB) Viewed 45 times
Question 22 3 pts Your margin account currently totals $100,000, and your margin loan balance is at $40,000. If you want to buy 1,000 shares of a stock currently selling for $22 a share, what is the minimum amount of equity you could use while still meeting the 50% initial margin requirement? $11,000 $10,000 C $0 $1,000
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”