Kindly help me with this General accounting questions not use chart gpt please fast given solution Assume you purchased 250 shares of ABC commonstock on margin at $78.50 per share from your broker.If the initial margin is 55% and the maintenance marginis 25%, the amount you put up is

Step 1: Detailed Explanation of Margin TradingMargin trading allows investors to borrow funds from a…

Answered: Assume you purchased 250 shares of ABC…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assume you purchased 2000 shares of XYZ common stock on margin at $ 30 per share from your broker . If the initial margin is 70 % , what is the interest payment on amount you borrowed from the broker if interest rate is 9 % ?
You purchase 800 shares of CUW at $71.51 using your full margin which as an initial margin of 70% (or 0.70). The maintenance margin is 45% (or 0.45). At what price will you get your margin call?" (Neglect any interest on the cash loan)
A margin account is used to buy 200 shares on margin at $35 per share. $2000 is borrowed from the broker to complete the purchase. Determine the actual margin: a. When the purchase is made; b. If the price of the stock rises to $45 per share; c. If the price of the stock falls to $30 per share.
If an investor buys shares in a closed-end investment company for $46 and the net asset value is $53, what is the discount? If the company distributes $1, the net asset value rises to $58, and the investor sells the shares for a premium of 5 percent over the net asset value, what is the percentage earned on the investment?
Is this correct?
Suppose that you just short sold 100 shares of Quiet Minds stock for $86.00 per share. Required: a. If the initial margin requirement is 60%, how much equity must you invest?
Assume you purchased 500 shares of XYZ common stock on margin at $29 per share from your broker. A. Find the following (note: fill in the blanks with values rounded to the nearest cent, no dollar signs "$", and commas "". Example: $1,234.567 >>> write as 1234.57) If the initial margin is 57%, the amount you borrowed from the broker is $ and your equity is $ B. What is the new margin if the price of share falls to $31? (note: fill in the blank with rounded % as follows: example 34.567% >>> write as 34.57%)
What is the initial margin requirement?
Assume you purchased 236 shares of XYZ common stock on margin at $85.29 per share from your broker. If the initial margin is 60%, the amount you borrowed from the broker is __________. Group of answer choices 6606 8051 6498 7591 7110
Assume that an investor buys 100 shares of stock at $37 per share, putting up a 65% margin. a. What is the debit balance in this transaction? b. How much equity funds must the investor provide to make this margin transaction? c. If the stock rises to $59 per share, what is the investor's new margin position? a. The debit balance in this transaction is $ *** (Round to the nearest dollar.)
Suppose you purchase one share of the stock of Volatile Engineering Corporation at the beginning of year 1 for $36. At the end of year 1, you receive a $2 dividend and buy one more share for $30. At the end of year 2, you receive total dividends of $4 (i.e., $2 for each share) and sell the shares for $36.45 each. The dollar- weighted return on your investment is Answers: А. -1.75%. B. 8.00%. C. 4.08%. D. 8.53%. Е. 12.35%.
In a dealer's market, the bid and ask price of a stock is $31.06 and $31.33, respectively. You sell 100 shares and pay a flat fee of $5 to your broker. Your selling price and the total transaction cost are: A. $31.06, $13.5 B. $31.33, $18.5 C. $31.33, $13.5 D. $31.06, $18.5

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Assume you purchased 250 shares of ABC common stock on margin at $78.50 per share from your broker. If the initial margin is 55% and the maintenance margin is 25%, the amount you put up is