Examlex
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?
Reasonable Price
A price that is fair and suitable for the value or quality of goods or services provided, often considered in a legal context.
Gratuitous Promise
A promise for which no consideration is exchanged, often lacking legal enforceability unless certain criteria are met.
Legal Requirement
A stipulation or condition imposed by law that must be obeyed or met, often used in the context of regulatory compliance.
Consideration
In legal contracts, refers to something of value exchanged between parties, which is a necessary element for the contract to be valid.
Q2: An increase in interest rates generally reduces
Q26: A test which investigates whether publicly available
Q27: The only asset class to provide systematic
Q29: Warm air can hold more moisture than
Q33: Like CAPM,APT does not assume a single-period
Q41: Select the incorrect statement regarding the CML.<br>A)The
Q44: Which of the following is not one
Q48: A block trade is defined as a
Q53: What are some of the functions of
Q53: ECNs offer the advantages of automation,lower costs,and