Question: w.ch3 ex -Saved to my Mac Draw Design Layout References Mailings Tell me Sha 1- Dg Trader opens a brokerage account, and purchases 300 shares
w.ch3 ex -Saved to my Mac Draw Design Layout References Mailings Tell me Sha 1- Dg Trader opens a brokerage account, and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. a. What is the margin in Dee's account when she first purchases the stock? b. If the share price falls to $30 per share by the end of the year, what is the remaining margin in her account? If the maintenance margin requirement is 30%, will she receive a margin call? Price Shares Price Shares $49.75 49.50 49.25 49.00 48.50 500 800 500 200 600 $50.25 51.50 54.75 58.25 100 100 300 100 a. If a market buy order 100 shares comes in, at what price will it be filled? b. At what price would the next market buy order be filled? O Focus 1 of 1 82 of 111 words W dtv A
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