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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- 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 ______ %You want to short 1,000 shares of Tesla stock which is currently selling for $52. The dealer offers you a short position with an initial margin of 50% with a maintenance margin of 15%. The continuously compounded, annual interest rate is 3.5%, and the lender offers a rebate rate of 0.5% (cont. comp., annual). At what price do you receive a margin call? If the lender deposits your rebates into your margin account, at what price do you receive a margin call?Kindly help me with accounting questions
- Suppose you purchase a T-bills that is 125 days from maturity for $9,765. The T-bills has a face value of $10,000.a. Calculate the T-bills’s quoted discount rate. b. Calculate the T-bills’s annualized rate.c. Who are the major issuers of and investors in money market securities?Need help with this financial accounting questionA trader has purchased 200 shares of a stock at £100 per share on margin. The terms of the loan obtained from the trader's broker are as follows. The initial margin is 50%, the interest rate on the loan is 8%, and the trader has agreed to maintain a margin of 20%. How low the price can drop in a year before the trader receives a margin call? F
- Please give me true answer the financial accounting questionA buyer purchases a $1000 face value bond that pays a 5% coupon on January 1 and July 1st of each year. He buys the bond on February 2 for $980. What's the buyer's total outlay?An investor buys a $10,000 face value T-bill at a bank discount quote of 5.76% with 175 days to maturity. The investor's actual annual rate of return on this investment is _____. Group of answer choices 4.80% 4.97% 6.01% 6.64%