Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Coinbase Global is currently trading at $250 per share. You expect the stock price to rise and decide to take a margin position in the stock. Assume your broker requires an initial margin rate of 60% and a maintenance margin rate of 40%. The broker also charges an annual interest rate of 5% on margin loans.
a) You place $18,000 in a margin account with your broker and buy the maximum shares of Coinbase allowed by your broker at $250 per share. What will be the percentage return on your investment if the price of Coinbase falls to $225 over the next 12 months?
b) Suppose the stock drops significantly exactly one year from today. At what price would you receive a margin call on the position described in part (a), assuming the margin call occurs one year from today?
Prepare the equity section on the December 31, 2020, balance sheet.Common shares, unlimited authorized shares, 883,400 shares issued
Review regarding the reinforcement of controls of top management towards review and approve transaction process and development of the procedures
Anne purchased an annuity from an insurance company that promised to pay her $12,000 per year for the next ten years. Anne paid $94,800 for the annuity, and in exchange she will receive $120,000 over the term of the annuity. How much of the first $12..
How do calculate gain or loss on disposal. Genetic Insights Co. purchases an asset for $11,712. This asset qualifies as a seven-year recovery asset under MACRS.
Which is not true about the earned income tax credit (EITC)? Taxpayers cannot claim an EITC if their investment income exceeds a certain amount
State choice of accounting policy regarding the measurement of intangible assets at the time of recognition and after the initial acquisition.
Putnum Small Cap fund has an R2 of 27%. Which of the following statements concerning Putnum is mostly likely to be true? Putnum is a value fund
What should be the price of the stock in year 5? Barbara Jones is interested in buying the stock of Ivanhoe Inc., which is increasing its dividends at constant.
Create a list of the top five main differences between the factors that exist between the role of the financial manager of healthcare organizations
Journalize the May transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles)
If a project with conventional cash flows has a payback period less than the project's life, can you definitively state the algebraic sign of the NPV
What do enter under the Unearned Training Fees and training fee earned in the journal? Do put the amounts under the credit or debit categories in the journal?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd