Your discount brokerage firm charges $8.30 per stock trade. How much money do you need to buy 340 shares of Time Warner, Inc. (TWX), which trades at $2702? (Round your answer to 2 decimal places.) Amount needed
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- Problem 8-6 Selling Stock with Commissions (LG8-4) Your full-service brokerage firm charges $195 per stock trade. How much money do you receive after selling 370 shares of International Business Machines (IBM), which trades at $91.61? (Round your answer to 2 decimal places.)H4 You sell short 18 shares of Wells Fargo &Co that are currently selling at $54 per share. You post the 0.56 margin required on the short sale. If your broker requires a 0.37 maintenance margin (MMR), at what stock price will you get a margin call? (You earn no interest on the funds in your margin account, and the firm does not pay any dividends.)all subparts i, ii and iii please thank you
- 1:15:30 ped bok int ences Suppose that XTel currently is selling at $50 per share. You buy 700 shares using $28,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 9%. Required: a. What is the percentage increase in the net worth of your brokerage account if the price of XTel immediately changes to (i) $56; (ii) $50; (ii) $44? (Leave no cells blank - be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) (i) Percentage gain (ii) Percentage gain (iii) Percentage gain % % % b. If the maintenance margin is 20%, how low can XTel's price fall before you get a margin call? (Round your answer to 2 decimal places.) PricePlease answer fast I will rate for you sure please....Please answer MCQ no working required
- all subparts please, i, ii and iii thank you2 3 Ad 4 Ad 5 Ad 1. You want to invest $23,000 into the stock market. Using the table below, what amount of commission do you owe your broker? Market Value Commission (percent and fee) 6 Ad $100 to $400 7 Alc 8 Co $400 to $2,400 9 Cu 10 Di 11 Di 12 Ele 5% + $10 2% +$20 $2,400 to $5,000 1% + $30 $5,000 and above 1/2% + $40 13 En 14 Es 15 Eu You owe your broker: $ I 16 ExProblem 2-9 Margin Calls on Short Sales (LO4, CFA5) You sold short 1,000 shares of stock at a price of $36 and an initial margin of 55 percent. If the maintenance margin is 35 percent, at what share price will you receive a margin call? What is your account equity at this stock price? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin call price Account equity
- Question 4 You open a brokerage account and purchases 1000 shares of PepsiCo (PEP) at $50 per share. You borrow $20,000 from your broker to help pay for the purchase. The interest rate on the loan is 10%. a) What is the margin in your account when you first purchase the share? b) If the share price falls to $40 per share by the end of the year, 1) What is the remaining margin in your account? 2) If the maintenance margin requirement is 30%, will you receive a margin call? 3) What is the rate of return on your investment? c) Consider the following limit order book for PEP stock. The last trade in the stock occurred at a price of $49. If you use a market order to buy 200 additional PEP shares, at what price will it be filled? Limit buy orders Price $48.75 $48.70 $48.65 $48.60 Shares 500 600 630 550 Limit sell orders Price $48.80 $48.85 $48.90 $48.95 Shares 200 500 400 1000Pls help me in text so i will rate please helpQuestion No 01: Organization ABC Stock is traded in the Lahore Stock Exchange and has a Market Price of Rs.13. The Company has fixed the Dividend to be Rs.2 per share. The Par Value of each offer is Rs.10. You expect the Price should be Rs.13 after 2 years. As the financial specialist, you expect a Minimum Required Return of 10% because you can earn that much from a bank deposit account almost risk-free. BUT, Stocks are generally more risky investments than bank deposits SO you will only invest in risky stock IF the expected return is higher than 10% - let's say 15%. Figure the estimation of Stock Value.