You Want to Purchase IBM Stock at $80 from Your

question 22

Multiple Choice

You want to purchase IBM stock at $80 from your broker using as little of your own money as possible. If initial margin is 50% and you have $2,000 to invest, how many shares can you buy?

• A) 100 shares
• B) 200 shares
• C) 50 shares
• D) 500 shares
• E) 25 shares

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Definitions:

Reflective

Thoughtful consideration of one's experiences and actions.

Autonomous

Having the freedom to govern oneself or to act independently without being controlled by others.

Abstract

A summary of a research paper or article, or relating to ideas and concepts not physically present or observable.

Emotional

Pertaining to feelings or expressions of sentiment, which can influence thoughts, behavior, and physical states.