Questions Are Based on the Following Information

question 28

Multiple Choice

Questions are based on the following information:
An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70% and a maintenance margin of 25%.In two months,the stock goes to $56.
-Below what stock price will a margin call occur?

• A)$13.50
• B)$54.00
• C)$42.00
• D)$18.00

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Definitions:

Meiosis

The process by which a gamete is formed, containing one half of the cell’s chromosomes, producing ova and sperm with 23 single, unpaired chromosomes.

Fertilization

The process of a sperm cell joining with an egg cell to create a new organism.

Mutation

A change in the DNA sequence within a gene or chromosome of an organism leading to variation.

Chromosomes

Structures located in the nucleus of cells, made up of DNA and proteins, that carry genetic information.