Question: Please answer question #3 You borrowed $8,000 to purchase 300 shares of Stock Y at $40 per share. The interest rate on the loan is
Please answer question #3


You borrowed $8,000 to purchase 300 shares of Stock Y at $40 per share. The interest rate on the loan is 8%. The maintenance margin ratio is 30%. Below what stock price will you receive a margin call? Select one: 40.56 41.15 44.62 38.67 Continued with previous question. Suppose the margin trader wants to limit his investment return no worse than -10%, what order instruction should he give with the margin position? Select one: a. stop-buy order b. stop-loss order C. limit buy order d. limit sell order Continued with the previous questions. What stop price should the trader give to limit his return no worse than -10% Select one: 417 Continued with the previous questions. What stop price should the trader give to limit his return no worse than 10% Select one: b. $36.5 c. $38.4
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