Question: Section A (MCQ) - 90 marks: There are 6 questions, each question is worth 15 marks, negative marking does not apply. You must fill in
Section A (MCQ) - 90 marks: There are 6 questions, each question is worth 15 marks, negative marking does not apply. You must fill in your MCQ answers in the MCQ answer book provided with your name on it. Do not change the name of the Answer book in any way. Capital letters or lower case letters are both accepted Data below is applicable to questions 1 & 2. You have been approached by a trader that requires usistance on margin-buying and short-selling on investec Australia Property Fund. He hit provided you with the current Bid and Ask price of Investec Australia Property Fund as well as a forecast of the price in I month time (see table below). Assume a portfolio vnlue/sbort position of R10 000.00: Bid AK Today R89.12 R94.79 1 Month R1126 123 Question 1 Calculate the return naming that shares are purchased on margin, where the main amount is 80% loan 20% and maintenance margin is 10% A) 1.04% B) 1.1156 C) 0.97% D) 1.17% E) 0.94% Question 2 Cadeinte the returning thin shares are short-sold insuming an tollal rejiled martin of 40% and a maintenance margin of 25% A) -08.325 15) -0.25 C) -09.21% D) -100.36% w SAMSUNG Section A (MCQ) - 90 marks: There are 6 questions, each question is worth 15 marks, negative marking does not apply. You must fill in your MCQ answers in the MCQ answer book provided with your name on it. Do not change the name of the Answer book in any way. Capital letters or lower case letters are both accepted Data below is applicable to questions 1 & 2. You have been approached by a trader that requires usistance on margin-buying and short-selling on investec Australia Property Fund. He hit provided you with the current Bid and Ask price of Investec Australia Property Fund as well as a forecast of the price in I month time (see table below). Assume a portfolio vnlue/sbort position of R10 000.00: Bid AK Today R89.12 R94.79 1 Month R1126 123 Question 1 Calculate the return naming that shares are purchased on margin, where the main amount is 80% loan 20% and maintenance margin is 10% A) 1.04% B) 1.1156 C) 0.97% D) 1.17% E) 0.94% Question 2 Cadeinte the returning thin shares are short-sold insuming an tollal rejiled martin of 40% and a maintenance margin of 25% A) -08.325 15) -0.25 C) -09.21% D) -100.36% w SAMSUNG
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