Assume the price of AutoZone stock hits the margin call price. Show Investor LM the...
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Assume the price of AutoZone stock hits the margin call price. Show Investor LM the amount to deposit to return equity to the original IM level. (2.5pts)
a) Insert appropriate variables into equation .
b) The total deposit based on 3 round lots = $
Table 2.1 Date 11/03/2018 (t 0) 2/6/2019 (ten) AutoZone Stock Quotations Open High Nt Chg. Vol 52 Week Yield Sym AZO AZO Low Close Div PE High Week 665.32 672.75 667.73 666.22 4.67 2,342,780 698.42 486.23 2.13% 30.09 Table 2.1 Date 11/03/2018 (t 0) 2/6/2019 (ten) AutoZone Stock Quotations Open High Nt Chg. Vol 52 Week Yield Sym AZO AZO Low Close Div PE High Week 665.32 672.75 667.73 666.22 4.67 2,342,780 698.42 486.23 2.13% 30.09
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