If I bought $10,000 worth of stock by putting up 60 percent of the selling price and
Question:
If I bought $10,000 worth of stock by putting up 60 percent of the selling price and borrowing the rest, how much have I borrowed? If the stock falls to $3,000 and a margin call is put in for the difference between the value of the stock and the amount I have borrowed, how much will I have to put up?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
In your scenario you initially put up 60 percent of the selling price to buy 10000 worth of stock To ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
1+ Reviews
10+ Question Solved
Related Book For 
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
Question Posted:
