FIN 3702B
National University Of Health Sciences
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FIN3702A Semester 2 Mock Test 1 Prepared by Dr. Zhang
- Exam (elaborations) • 9 pages • 2022
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FIN3102A/FIN3702A Semester 2, 2019/2020 February 25, 2020 Prepared by Dr. Zhang 1. You want to purchase GM stock at $10 from your broker using as little of your own money as possible. If initial margin is 60% and you have $2400 to invest, how many shares can you buy? A. 200 shares B. 300 shares C. 400 shares D. 600 shares E. 800 shares 2. Assume you sold short 100 shares of common stock at $40 per share. The initial margin is 50%. What would be the maintenance margin if a margin call is made at ...
Exam (elaborations)
FIN3702A Semester 2 Mock Test 1 Prepared by Dr. Zhang
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ago
FIN3102A/FIN3702A Semester 2, 2019/2020 February 25, 2020 Prepared by Dr. Zhang 1. You want to purchase GM stock at $10 from your broker using as little of your own money as possible. If initial margin is 60% and you have $2400 to invest, how many shares can you buy? A. 200 shares B. 300 shares C. 400 shares D. 600 shares E. 800 shares 2. Assume you sold short 100 shares of common stock at $40 per share. The initial margin is 50%. What would be the maintenance margin if a margin call is made at ...
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