Account equity at the stock price

Assignment Help Finance Basics
Reference no: EM131835801

You short sold 702 shares of stock at a price of $39 and an initial margin of 60 percent. If the maintenance margin is 23 percent, what is your account equity at the stock price when you receives a margin call?

Reference no: EM131835801

Questions Cloud

What is the amount for account equity : If you construct the equity account balance sheet for this trade, what is the amount for Account Equity? Assume the initial margin is 100 percent.
What is effective annual percentage rate of return : The company paid a dividend of $0.25 per share the day before you sold your stock. What is your effective annual percentage rate of return?
Compute its free cash flow from operations : Compute its free cash flow from operations. Compute its uses of free cash flows.
Which one of the sectors would you prefer to serve : Using the above scenario, which one of the sectors would you prefer to serve as a Supply Chain Manager? Why?
Account equity at the stock price : If the maintenance margin is 23 percent, what is your account equity at the stock price when you receives a margin call?
Receive a margin call : You buy 599 shares of stock at a price of $47 and an initial margin of 60 percent. If the maintenance margin is 21 percent.
What is the maximum dollar purchase you can make : You have $22,000 and decide to invest on margin. If the initial margin requirement is 55 percent, what is the maximum dollar purchase you can make?
Describe individual and organizational benefits of abiding : Choose one value espoused by your organization and briefly describe the individual and organizational benefits of abiding by it.
What is percentage rate of return : What is your percentage rate of return if the stock price is $63 when you sell the stock?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd