subject
Business, 08.10.2019 21:20 unicornsrule26

Dée trader opens a brokerage account and purchases 300 shares of internet dreams at $40 per share. she borrows $4,000 from her broker to pay for the purchase. the interest rate on the loan is 8%. (lo 3-4)

a. what is the margin in dée's account when she first purchases the stock?

b. if the share price falls to $30 per share by the end of the year, what is the remaining margin in her account? if the maintenance margin requirement is 30%, will she receive a margin call?

c. what is the rate of return on her investment?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:00
Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands
Answers: 1
question
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
question
Business, 22.06.2019 10:30
Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is
Answers: 2
question
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
You know the right answer?
Dée trader opens a brokerage account and purchases 300 shares of internet dreams at $40 per share. s...
Questions
question
Business, 12.12.2020 16:10
question
Mathematics, 12.12.2020 16:10
Questions on the website: 13722363