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Dee Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share She borrows $4000 from her broker to help pay for the purchase The interest rate on the loan is

Dee 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. The interest rate on the loan is 8%. What is the margin in Dee's account when she first purchases the stock? (Omit the sign in your response.) Margin $ If the share price falls to $30 per share by the end of the year what is the remaining margin in her account? (Omit the $ sign in your response.) Remaining margin $ If the maintenance margin requirement is 30%, will she receive a margin call? Yes No What is the rate of return on her investment? (Negative value should be indicated by a minus sign. Round your answer to 1 decimal place. Omit the sign in your response.) Rate of return %

 

Apr 23 2020 View more View Less

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