You Recently Purchased 100 Shares of Stock at a Cost

question 82

Multiple Choice

You recently purchased 100 shares of stock at a cost per share of $23.80. The initial margin requirement on this stock is 80 percent and the maintenance margin is 50 percent. The stock is currently valued at $17.90 a share. What is your current margin position? Ignore margin interest.

• A) 71.01 percent
• B) 71.83 percent
• C) 73.41 percent
• D) 73.69 percent
• E) 74.80 percent

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Compression

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Picture Dimensions

The size of an image or picture, typically measured in pixels or inches, indicating its width and height.

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The process of resolving issues or the clarity and detail level of a digital image, measured in pixels per inch (PPI) for image quality or as formal decisions made by authoritative bodies.

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