You Purchase 800 Shares of Stock on Margin at a Price

question 82

Multiple Choice

You purchase 800 shares of stock on margin at a price of $46 per share. If the initial margin is 60 percent, what is your margin loan?

• A) $16,960
• B) $22,080
• C) $18,310
• D) $36,800
• E) $14,720

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Definitions:

Downward Communication

The flow of information from higher levels in an organizational hierarchy to lower levels, often related to directives, goals, or performance feedback.

Social-Emotional Demands

The requirements placed on employees to manage emotions and engage in complex interpersonal interactions as part of their job.

Task Demands

Task demands are the aspects of a job that require physical and mental effort, encompassing the responsibilities, workload, and challenges associated with a particular role.

Technical Demands

The specific skills, knowledge, and abilities required to perform the tasks associated with a particular job or activity.