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Question
You recently purchased 100 shares of stock at a cost per share of $24.80. The initial margin requirement on this stock is 80 percent and the maintenance margin is 50 percent. The stock is currently valued at $19.80 a share. What is your current margin position? Ignore margin interest.A. 73.01 percent
B. 73.83 percent
C. 74.95 percent
D. 75.69 percent
E. 76.80 percent
Answer
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Related questions
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What are the advantages and the disadvantages of a homeowner selecting a 30-year mortgage rather than a 20-year mortgage?
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B. 0.3635 percent
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You have a 25-year mortgage at 5 percent interest. The initial loan amount was $250,000. By how much did the principal decrease over the first 10 years of the loan? Payments are made monthly.
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Which one of the following is correct concerning the total payment amount on a PO strip?A. The total payment amount equals the bond's par value.B. The total payment amount will either equal or exceed the bond's par value.C. The total payment will vary based on the PSA schedule.D. The total payment amount will increase if interest rates decline.E. The total payment amount will vary if the prepayment rate varies.
Q:
Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
A. The investor will receive $25,000 as a principal payment at maturity.
B. The investor will receive fixed quarterly interest payments.
C. The investor will receive the future value of $25,000 at maturity.
D. The investor will receive payments totaling $25,000 over the life of the bond.
E. The investor should receive more than $25,000 but the amount of each payment is unknown in advance.
Q:
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A. advantage; advantage
B. advantage; disadvantage
C. disadvantage; advantage
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E. advantage; neutral event
Q:
Briefly outline and discuss Porter's Five Forces and their use.
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B. 1.94%
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D. 2.62%
E. 2.88%
Q:
If wages grew 3.15 percent in 2013, but inflation was 2.75 percent, what was the approximate real increase in wages?
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B. 0.20%
C. 0.30%
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E. 0.50%
Q:
Assume there are 475 million people in the United States, 175 million of which make up the labor force. If 16 million are unemployed, what is the unemployment rate?
A. 8.35%
B. 9.14%
C. 10.91%
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Q:
An analyst gathered the following year-end price level data for an economy. What is the economy's annual inflation rate for 2012?A. 3.22%B. 3.42%C. 3.68%D. 3.87%E. 3.92%
Q:
Assume the inflation rate in 2012 is 2.1 percent. If the nominal GDP grew 3.2 percent and nominal wages grew 2.6 percent, what are the approximate real growth rates of GDP and wages?
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Q:
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Q:
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Q:
Which of the following reflects the dollar value of economic output in terms of the current year?
A. current year GDP
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C. nominal GDP
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Q:
Which of the following is NOT considered in the first filter or phase of top-down analysis?
A. Domestic spending
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C. Business cycles
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Q:
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A. 28 percent
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C. 33 percent
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Q:
Municipal bonds are yielding 4.4 percent if they are insured and 4.7 percent if they are uninsured. Your marginal tax rate is 28 percent. Your equivalent taxable yield on the insured bonds is _____ percent and on the uninsured bonds is _____ percent.
A. 5.89; 6.27
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E. 6.76; 7.10
Q:
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Q:
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Q:
A Treasury bond matures in 13 years, has a 5.25 percent coupon, and a quoted price of 98:01. What is the yield to maturity?A. 5.25 percentB. 5.34 percentC. 5.46 percentD. 5.55 percentE. 5.68 percent
Q:
A Treasury bond has a quoted bid price of 100:10 and a quoted ask price of 100:11. What is the amount you will receive if you sell your bond that has a par value of $20,000?
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C. $20,062.60
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Q:
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A. accept the call; the call price exceeds the conversion value
B. accept the call; they have no other choice
C. convert their bonds; the conversion price exceeds the par value by $37.90
D. convert their bonds; the conversion price exceeds the call price by $12.90
E. elect to continue holding their bonds; they want to continue receiving the interest payments
Q:
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C. $1,481.10
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