You are looking to investment securities by involving with the purchase of shares listed on the...

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You are looking to investment securities by involving with the purchase of shares listed on the market. You go to the securities company and open a trading account and deposit $7,000. You plan to buy shares VNM. a. On 12/12/2010, the stock price of VNM is $8.5per share, if you want to buy 1000 shares VNM, what do you do? b. Suppose that ten days later the share price of VNM decrease to $6 per share. Will you receive a margin call? What happen if you don't meet the margin call? Assuming that: Maintenence margin is 80% Brokerage fees are 0.3% of transaction value Interest rate is 0.1% / day. You are looking to investment securities by involving with the purchase of shares listed on the market. You go to the securities company and open a trading account and deposit $7,000. You plan to buy shares VNM. a. On 12/12/2010, the stock price of VNM is $8.5per share, if you want to buy 1000 shares VNM, what do you do? b. Suppose that ten days later the share price of VNM decrease to $6 per share. Will you receive a margin call? What happen if you don't meet the margin call? Assuming that: Maintenence margin is 80% Brokerage fees are 0.3% of transaction value Interest rate is 0.1% / day.

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a On 12122010 the stock price of VNM is 85 per share and you want to buy 1000 shares of VNM Heres wh... View the full answer