Assume you have a margin account with a 50% initial margin. You purchase 100 shares of Microsoft at $150 per share. The price increases to $175 per share. What is the net value of your investment (margin) now?

A) $17,500
B) $15,000
C) $ 7,500
D) $ 3,750
E) None of the above

Answer: E

Business

You might also like to view...

If an owner wanted to sell his property, extending credit himself, and retain the legal title, the instrument used would be:

A: A security agreement; B: A mortgage; C: A real property installment/conditional sales contract; D: A bailment.

Business

Customers will not always be able to tell you what products they want and need because:

A) customers are aware of only the problems that they have. B) customers are not conscious about the cost of product development. C) a marketer may not have direct contact with the customer. D) the solutions suggested by customers will not be feasible.

Business