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An investor recently sold some stock in a European company that was worth 20,000euros. The...

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Finance

An investor recently sold some stock in a European company that was worth 20,000euros. The US$/euro exchange rate is currently 1.305. meaning that 1 euro buys 1.305 dollars. How many U.S. dollars will the investor receive?

Assume that an investor buys100 shares of stock at $ 54 per share, putting up a 55 % margin. If the stock rises to $ 61 per share, what is the investor's new marginposition? If the stock rises to $ 61 per share, the investor's new margin position is?

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