Sam bought 100 shares of Ultra Ltd at $60 each using her margin account on 10 January 2022. The broker requires an initi
Posted: Wed Apr 06, 2022 9:08 am
Sam bought 100 shares of Ultra Ltd at $60 each using her margin
account on 10 January 2022. The broker requires an initial margin
of 50%, a maintenance margin of 30% and charges 8% interest
pa.
account on 10 January 2022. The broker requires an initial margin
of 50%, a maintenance margin of 30% and charges 8% interest
pa.