Question: please show full working out 5. Yvonne has a margin account with a balance of 150,000. The initial margin deposit is 60 per cent and

please show full working out 5. Yvonne has a margin account

please show full working out

5. Yvonne has a margin account with a balance of 150,000. The initial margin deposit is 60 per cent and Turtle Industries is currently selling at 50 per share. How many shares of Turtle can Yvonne purchase? a. 5000 b. 3000 C. 1800 d. 1200 e. None of the above 6. Refer to the previous question. What is Yvonne's profit/loss if Turtle's price after one year is 40? a. 50 000 b.-50 000 c. 100 000 d. -$100 000 e. None of the above

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