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Author Question: The amount of funds needed to buy 100 shares of a stock at 80 a share with a margin account and an ... (Read 112 times)

Bob-Dole

  • Hero Member
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  • Posts: 547
on: Jul 10, 2018
The amount of funds needed to buy 100 shares of a stock at 80 a share with a margin account and an initial margin requirement of 50 is
 
  A)
 
  4,000.
  B)
 
  5,600.
  C)
 
  6,400.
  D)
 
  2,400.

Question 2

A round lot is
 
  A)
 
  100 shares.
  B)
 
  10 shares.
  C)
 
  1,000 shares.
  D)
 
  an even number group of shares.


mbcrismon

  • Sr. Member
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  • Posts: 328
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

A


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