Exhibit 4.7 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 17

Multiple Choice

Exhibit 4.7
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Shares of RossCorp stock are selling for $45 per share. Brokerage commissions are 2% for purchases and 2% for sales. The interest rate on margin debt is 6.25% per year. The maintenance margin is 30%.
-Refer to Exhibit 4.7.Assume that you purchase 150 shares of RossCorp stock at $45 each by making a margin deposit of 55%.At what price would you receive a margin call?

• A) $29.39
• B) $26.48
• C) $50.39
• D) $28.93
• E) $50.10

---

Definitions:

Visual Acuity

The clarity or sharpness of vision, often measured as the ability to discern letters or numbers at a standardized distance.

Presbyopia

A nearly universal change in eyesight during middle adulthood that results in some loss of near vision.

Glaucoma

A condition in which pressure in the fluid of the eye increases, either because the fluid cannot drain properly or because too much fluid is produced.

Affordances

The option that a given situation or stimulus provides.