An online brokerage firm has set the minimum margin requirement at 55 percent. What is the maximum
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An online brokerage firm has set the minimum margin requirement at 55 percent. What is the maximum leverage ratio associated with a position financed by this minimum margin requirement?
A. 1.55.
B. 1.82.
C. 2.22.
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B is correct The maximum leverage ratio is ...View the full answer
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Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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