Kathy Has a Margin Account with a Balance of €60

question 10

Multiple Choice

Kathy has a margin account with a balance of €60 000. Initial margin requirements are 80 per cent, and Jackson Industries is currently selling at €40 per share. How many shares of Jackson can Kathy buy?

• A) 1875
• B) 1500
• C) 1750
• D) 1200
• E) None of the above

---

Definitions:

Overregularization

A language acquisition error in which children apply regular grammatical rules to irregular cases.

Egocentric Speech

Speech that is focused on the speaker's own needs and perspectives, often observed in young children who have not yet developed the ability to consider others’ viewpoints.

Literal Translation

The process of translating text from one language to another while closely adhering to the original language's words and structure.

Past Imperfect Tense

A grammatical tense used to describe actions or conditions that were ongoing or incomplete in the past.