Question 3 1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 600 shares of IBM

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 3 1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 600 shares of IBM

Post by answerhappygod »

Question 3 1 Points You Have 30 000 In A Margin Account 60 Initial Margin Required Suppose You Buy 600 Shares Of Ibm 1
Question 3 1 Points You Have 30 000 In A Margin Account 60 Initial Margin Required Suppose You Buy 600 Shares Of Ibm 1 (8.09 KiB) Viewed 28 times
Question 3 1 points You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 600 shares of IBM, for $50/share. Assume no dividends, and that your bomowing raas 50% What is your percentage return if you did not borrow from your broker and it, in one year, IBM stock is selling for $53 per share?
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”