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Author Question: How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage ... (Read 94 times)

ss2343

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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
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Marked as best answer by ss2343 on Apr 14, 2019

jliusyl

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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.
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ss2343

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Reply #2 on: Apr 14, 2019
Thank you!


jliusyl

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Reply #3 on: Apr 14, 2019
Always glad to help...


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