can you please solve this ? You bought 500 shares of FINEFOODS stock...
90.2K
Verified Solution
Link Copied!
Question
Finance
can you please solve this ?
You bought 500 shares of FINEFOODS stock on margin at BDT 30 per 3 poin share. The initial margin is 50%. The stock pays no dividend. Assume there is no interest on margin. What would be the maintenance margin if a margin call is made at a stock price of BDT 25? 1 Add file
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!