You want to buy as Shares 7 Crankco possible & it is. pricea 23. Your broker requires s0% untia margin and 35 0o maintenance marges a ssume there is no vnterest on the margen as If u have i5,60 llars to dayi how 1. many you share Can you buy (what is the totat number 7 shares you buyengi buying on marqun-(ASsume thus anser can have aecimal for all Subseguent calalato cohat price Crankeo ilill lead to a margin call (assume no time has elapse2)?
You want to buy as Shares 7 Crankco possible & it is. pricea 23. Your broker requires s0% untia margin and 35 0o maintenance marges a ssume there is no vnterest on the margen as If u have i5,60 llars to dayi how 1. many you share Can you buy (what is the totat number 7 shares you buyengi buying on marqun-(ASsume thus anser can have aecimal for all Subseguent calalato cohat price Crankeo ilill lead to a margin call (assume no time has elapse2)?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You want to buy
Shares 67
many.
possible it is. pricea
as
Crankco
a s
23. Your broker requires so % untial
margin and 35 % mauntenance marges
assume thhere is no nterest on the margen .
oね nbnoさ〇
If u have i5,600 dollars to dayi how
you
many share can
total number f Shares
shares Can you buy (what is the
you buyongi
on. marqus-(ASsume this sV
buying
can have 8ecinal for
all Subsequent calalaton)
バリ。
Crankco
what price uill tead to a
margin call (assume no teme has elapse2)?
Issume no time has
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