Question

intial matgin req. 50% maintenance margin req. 30% shares 1,000 broker call rate 7.25%. you purchased a $51 stock. you paid half of it with your own money and half with a loan from your broker. you sold the stock 19 months later at a price 20% higher than the price at which you purchased it. 1. what was your net cash inflow? 2. what was your return? 3. what was your loan repayment?

Name: intial matgin req 50 maintenance margin req 30 shares 1000 broker call rate 725 you purchased a 51 stock you paid half of it with your own money and half with a loan from your broker you sol 04518
Uploaded: 2023-04-11T18:58:37-08:00
Duration: 3 min 38 s
Channel: Andrew Davis
Description: intial matgin req 50 maintenance margin req 30 shares 1000 broker call rate 725 you purchased a 51 stock you paid half of it with your own money and half with a loan from your broker you sol 04518

          intial matgin req. 50% maintenance margin req. 30% shares 1,000 broker call rate 7.25%. you purchased a $51 stock. you paid half of it with your own money and half with a loan from your broker. you sold the stock 19 months later at a price 20% higher than the price at which you purchased it.
1. what was your net cash inflow?
2. what was your return?
3. what was your loan repayment?

Added by Ismael M.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

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Solved by Expert Andrew Davis

04/11/2023

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intial matgin req. 50% maintenance margin req. 30% shares 1,000 broker call rate 7.25%. you purchased a $51 stock. you paid half of it with your own money and half with a loan from your broker. you sold the stock 19 months later at a price 20% higher than the price at which you purchased it. 1. what was your net cash inflow? 2. what was your return? 3. what was your loan repayment?