You purchase 700 shares of 2nd Chance Co. stock on margin at a price of $46. Your broker requires you to deposit $16,500. 1. What is your margin loan amount? 2. What is the initial margin requirement?
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![You purchase 700 shares of 2nd Chance Co. stock on margin
at a price of $46. Your broker requires you to deposit $16,500.
1. What is your margin loan amount?
2. What is the initial margin requirement?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3c271b7a-42c0-4cac-83ce-3808a35ff8b6%2F27f898b6-2760-4c02-b186-0762e2e2eefa%2Fn9ynzyt_processed.jpeg&w=3840&q=75)
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- Nikul2. An investor buys a bond for $5,000. The bond pays $125 interest every six months. After 18 months, the investor sells the bond for $4,839. Describe the types of income and/or loss the investor had. Review Only Click the icon to see the Worked Solution. The current income is $ (Round to the nearest dollar.) The investor would experience (1) in the amount of $ (Choose from the drop-down menu and enter a loss as a negative number rounded to the nearest dollar.) The total return on this investment is $ (Round to the nearest dollar.) (1) O a capital gain a capital loss neitherWhat is the holding period return on these financial accounting question?
- 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)Please solve these financial accounting question3. Assume you purchased a bond for $9,186. The bond pays $300 interest every six months. You sell the bond after 18 months for $10,000. Calculate the following: a. Income. b. Capital gain (or loss). c. Total return in dollars and as a percentage of the original investment. Review Only Click the icon to see the Worked Solution. a. The current income is $ (Round to the nearest dollar.) b. The capital gain (or loss) is $ (Enter a loss as a negative number and round to the nearest dollar.) c. The total return in dollars is $ (Round to the nearest dollar.) The total return as a percentage of the original investment is %. (Enter as a percentage and round to two decimal places.)
- For all questions work to 1 decimal place and assume VAT at 19%. You must justify each answer.1.- Make the entry of person requesting a Credit Note for 30% of an Invoice of $1.000 plus VAT, for purchase of forward stocks. 2.- Make the entry for issuer of a Credit Note for 30% of an Invoice of $1,000 plus VAT, for purchase of forward stock. Cost of which had been $600. Assume that stock is reusable.3.- What document should be issued by a supplier who sent more units than those required by his customer and in case the latter would like to keep those excess units. 4.- Under FIFO method, if you sold on credit at a unit price of $20, first 4 units at a cost of $10 each, then 4 units at a cost of $12 each and finally 4 units at a cost of $15 each, what should you record if 6 non-reusable units are returned to you, which you consider normal?5.- For a trading company it is better to buy locally, because if I import and do not sell, I must show the transfers as losses. Comment.The buying and selling commission schedule shown in the table is from an online discount brokerage firm. Taking into consideration the buying and selling commissions in this schedule, find the annual compound rate of interest earned on the investment. An investor purchases 105 shares of stock at $60 per share, holds the stock for 55 years, and then sells the stock for $135 a share. The formula required to solve this problem: A=P(1+i)n, where i = r/m and A is the amount at the end of n periods, P is the principal value, r is the annual nominal rate, m is number of compounding periods per year, i is rate per compounding period, and n is total number of compounding periods. The annual rate of interest is ______ %Do fast answer of this accounting questions
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