Exhibit 4.1 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 22

Multiple Choice

Exhibit 4.1
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Jackie has a margin account with a balance of $150,000. The initial margin deposit is 60 percent and Turtle Industries is currently selling at $50 per share.
-Refer to Exhibit 4.1. What is Jackie's profit/loss if Turtle's price after one year is $40?

• A)$50,000
• B)-$50,000
• C)$100,000
• D)-$100,000
• E)None of the above

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Definitions:

Current Event

An incident or situation happening at the present time which is of interest to the public, often reported by the media.

Exchange Value

An economic concept referring to the perceived worth of a good or service in the context of trade or market transactions.

Quantitative Property

Attributes of objects or phenomena that can be measured and expressed numerically, allowing for quantitative analysis.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, where investments, production, and distribution are determined mainly by competition in a free market.