This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage ... (Read 35 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Apr 14, 2019

Question 1

A stock that you purchased at a price of $22 per share has risen to $46 per share. You wish to avoid losing all of your your profit while still allowing an opportunity for additional gains; therefore, you should put in a sell stop order at a price of


◦ $22 per share.
◦ $40 per share.
◦ $47 per share.
◦ $53 per share.

Question 2

How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage commissions of $125, if you purchase on margin and the margin requirement is 50%?


◦ $10,625
◦ $5,312.50
◦ $10,500
◦ $5,250
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ss2343 on Apr 14, 2019

jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


ss2343

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Apr 14, 2019
Thank you!


jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Apr 14, 2019
Always glad to help...


« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Louisiana Purchase Louisiana Purchase
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Stock Market Question Stock Market Question
ADHD (Stock photo) ADHD (Stock photo)
A phylogenetic tree showing that all non-African human populations share a closer genetic relationsh A phylogenetic tree showing that all non-African human populations share a closer genetic relationsh
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library