Jim Purchased 100 Shares of Stock at a Price of $32

question 28

Multiple Choice

Jim purchased 100 shares of stock at a price of $32 a share, assuming a margin loan of 20%. What is Jim's initial equity in this investment?

• A) $2,560.
• B) - $640.
• C) $640.
• D) $3,200.

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Definitions:

Supervise

means to oversee and direct activities and tasks, ensuring they are carried out correctly and efficiently, often involving guidance and support to those involved.

Upward Communication

Communication that flows from subordinate to superior.

Interpersonal Communication

The exchange of information, feelings, and ideas between two or more people through verbal or non-verbal methods.

Link

A reference or connection from one piece of information or webpage to another, facilitating easy access and navigation between them.