Refer to the Last Two Questions

question 1

Multiple Choice

Refer to the last two questions. If the maintenance margin is 25 per cent, to what price can Jackson Industries fall before Kathy receives a margin call?

• A) €21.75
• B) €23.00
• C) €10.67
• D) €15.93
• E) None of the above

---

Definitions:

Binary Decision

A choice between two possibilities, often represented as 0 and 1 in computing.

Binary Sequence

A series of zeros and ones representing digital data or instructions in a format that can be understood by computers.

CPU

The Central Processing Unit, which is the principal part of any digital computer system, generally composed of the main control unit and arithmetic-logic unit.

Correcting Errors

The process of identifying and correcting mistakes or inaccuracies in data, documents, or computer programs.