You Own 700 Shares of a Stock That You Purchased

question 31

Multiple Choice

You own 700 shares of a stock that you purchased on margin at a price per share of $20.12.The stock is currently valued at $23 a share.Your broker advised you today that your minimum equity position for this purchase is $5,635 as of today.What is the maintenance margin percentage?

• A)25 percent
• B)30 percent
• C)35 percent
• D)40 percent
• E)50 percent

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Definitions:

Employee Participation

Employee participation involves workers taking part in decision-making processes and contributing ideas in their workplace, often leading to increased job satisfaction and productivity.

Job Redesign

The process of rearranging the structure, content, or conditions of a job to improve satisfaction, performance, and outcomes.

Wellness Programs

Initiatives or policies implemented by an organization to promote healthy behaviors and improve health outcomes among its members.

Organizational Stress Management

Strategies and practices implemented by organizations to reduce workplace stress and enhance employee well-being and productivity.