In problem 1, what would the percentage loss on the initial equity be if the price had decreased to $28?
Answer to relevant QuestionsAssume you have a 25 percent minimum margin standard in problems 1 and 2. With a price decline to $28, will you be called upon to put up more margin to meet the 25 percent rule? Disregard the $2,000 minimum margin balance ...Compute the tax obligation for the following using Table 3–1 on page 55. a. An individual with taxable income of $59,000. b. A married couples with taxable income of $130,000. c. What is the average tax rate in part b? What does Rule 12b-1 enable mutual funds to do? Is this normally beneficial to current mutual fund shareholders? How can you distinguish between regular growth funds and aggressive growth funds? In problem 5, assume the fund increased in value by $0.30 the first month after you purchased 300 shares. a. What is your total dollar gain or loss? (Compare the total current value with the total purchase amount.) b. By ...
Post your question