Todd Has $54,000 Cash in His Margin Account

question 5

Multiple Choice

Todd has $54,000 cash in his margin account. His initial margin is 60% and the maintenance margin is 35%. What is the maximum number of shares he can purchase if the price per share is $25?

• A)1,296 shares
• B)2,160 shares
• C)3,600 shares
• D)5,400 shares
• E)6,171 shares

Perform basic arithmetic operations, including the use of the distributive property to simplify expressions.

Calculate the total amount saved over time, including simple interest calculations.

Solve problems involving exponents and powers, including their evaluation.

Understand and apply the concept of the associative property of multiplication.

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Definitions:

Learned Helplessness

A condition marked by an individual's struggle with feeling incapable, stemming from experiencing trauma or constant unsuccessful attempts.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, through which associations are made between a behavior and the consequences for that behavior.

Extinction

In the study of psychology, this term describes the slow reduction and final elimination of a conditioned response due to the absence of pairing between the conditioned and unconditioned stimuli.

Stimulus Discrimination

The learned ability to differentiate between a conditioned stimulus and other stimuli that have not been paired with an unconditioned stimulus.