USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 71

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Heidi Talbott has a margin account with a balance of $50,000. The initial margin deposit is 50 percent, and RC Industries is currently selling at $50 per share.
-Refer to Exhibit 3.2. What is Heidi's profit if RC's price rises to $80?

• A) $55,000
• B) $50,000
• C) $60,000
• D) $68,270
• E) $28,570

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Definitions:

Colleague

A person with whom one works, especially in a profession or business.

Conference Room

A room provided for singular events such as business conferences and meetings, often found in workplaces, hotels, and institutions.

Consent

The mutual agreement between participants to engage in a specific activity, often discussed within the context of sexual activities, highlighting the importance of informed, voluntary, and enthusiastic participation.

Date Rape Drug

Refers to any drug that is used to incapacitate someone to facilitate a sexual assault.