Colton Would Like to Purchase as Many Shares of Apple

question 46

Multiple Choice

Colton would like to purchase as many shares of Apple stock (AAPL) as he is able. He currently has $10,000 in cash and the stock is selling for $250 a share. How many shares can he purchase if the initial margin is 70% and the maintenance margin is 35%?

• A)28 shares
• B)40 shares
• C)52 shares
• D)57 shares
• E)114 shares

Comprehend the interplay between power, competition, and cooperation in social interactions.

Understand various types of conflicts and how they impact decision making.

Recognize the symptoms and consequences associated with stress and Post-Traumatic Stress Disorder (PTSD).

Identify strategies for managing and reducing stress in personal and professional settings.

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Definitions:

Prenatal Iodine

The use of iodine supplements during pregnancy to prevent iodine deficiency, which can adversely affect fetal brain development.

Generalized Anxiety Disorder

A mental health disorder characterized by excessive, uncontrollable worry about everyday things, disproportionate to the actual source of worry.

Social Anxiety Disorder

Social Anxiety Disorder is a mental health condition marked by intense fear of social interactions, causing considerable distress and impaired ability to function in at least some aspects of daily life.

Phobias

An intense, irrational fear of specific objects, activities, or situations that leads to avoidance behavior.