You Want to Purchase XON Stock at $60 from Your

question 14

Multiple Choice

You want to purchase XON stock at $60 from your broker using as little of your own money as possible.If initial margin is 50% and you have $3,000 to invest, how many shares can you buy?

• A)100 shares
• B)200 shares
• C)50 shares
• D)500 shares

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Definitions:

Business Capital Investment

Business capital investment involves the allocation of financial resources by businesses into long-term assets or projects expected to generate future returns or growth.

U.S. Corporations

are business entities that are registered and operate in the United States, subject to U.S. laws, and often characterized by their complex structure, governance, and operations.

Small Businesses

Enterprises that are independently owned and operated, characterized by fewer employees and less revenue than larger corporations.

Managerial Functions

The primary roles of managers, which typically include planning, organizing, leading, and controlling within an organization.