Question: Initially you opened a margin account by purchasing 500 shares @ $30.00. If the stock price dropped to $25.00 a week later calculate: LMV; Dr;
Initially you opened a margin account by purchasing 500 shares @ $30.00. If the stock price dropped to $25.00 a week later calculate: LMV; Dr; EQ.
to. $12,500; $5,000; $7,500
b. $12,500; $7,500; $7,500
c. $12,500; $7,500; $5,000
d. $25,000; $12,500; $12,500
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