You purchase 800 shares of Zephyr Corp. stock on margin at a price of $52 per share. Your broker requires you to deposit $20,400. 1. What is your margin loan amount? 2. What is the initial margin requirement?
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- What is your margin loan amount ? Accounting Problem2. Assume F&S offers a “Fit 50” coupon book with 50 prepaid visits over the next year. F&S has learned thatFit 50 purchasers make an average of 40 visits before the coupon book expires. A customer purchases a Fit50 book by paying $500 in advance, and for any additional visits over 50 during the year after the book ispurchased, the customer can pay a $15 visitation fee per visit. F&S typically charges $15 to nonmembers whouse the facilities for a single day.a. How many separate performance obligations are included in the Fit 50 member deal? Explain your answer.b. How much of the contract price would be allocated to each separate performance obligation? Explain youranswer.c. Prepare the journal entry to recognize revenue for the sale of a new Fit 50 book.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?
- Suppose you want to have $600,000 for retirement in 25 years. Your account earns 4% interest. How muc would you need to deposit in the account each month? Submit Question /course/showcalendar.php?cid=179278 Searcha investor purchased a 91 day, $100,000.00 t-bill on its issue date fir $99, 441.89, after holding it for 16 days, she sold the t bill for a yeild of 2.21% what is the original yeild of the t bill? what was the t bill sold for? the investor realized the rate of return was?Answer for C
- A borrower has secured a 30 year, $150,000 loan at 7% with monthly payments. Fifteen years later, an investor wants to purchase the loan from the lender. If market interest rates are 5%, what would the investor be willing to pay for the loan? (Correct Anwser: C) A:$75,000 B:$111,028 C:$118,478 D:$168,646 How to solve this problem? Give typing answer with explanation and conclusionLastly the journal entry worksheet is needed Req 2cPlease answer everything asap. DONT USE EXCEL!
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