How low can the price of galaxy shares fall, Finance Basics

+44 141 628 6080
[email protected]

How low can the price of galaxy shares fall

Problem

You have borrowed 30000 on margin to buy share of Galaxy co, which is now selling $40 per share. You account start with initial margin of 50%. The maintenance margins 30%. One week later, the stock price falls to $30 per share.

i. Will you receive a margin call?
ii. How low can the price of Galaxy shares fall before you receive a margin call?

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How low can the price of galaxy shares fall

Reference No:- TGS03258104

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Why consciousness is an especially important

Consciousness is an especially important team member characteristic. Research indicates that mixing highly conscious individuals in a team

Areas mentioned specifically as wanting to join the eeu

Which of the following areas is mentioned specifically as wanting to join the EEU, even though the states they belong to may wish to be

How you ensure that other team members understand roles

Discuss how you plan to comply with this requirement and explain how you will ensure that other team members understand their roles.

Discuss use of electronic devices like social media

Research has found that the use of electronic devices like social media and cell phones is associated with mental health problems,

Reviewing your cliftonstrengths themes

After reviewing your CliftonStrengths themes in-depth and exploring the various mission statements/purpose statements from this module,

What when a counselor asks a client to pretend to interview

When a counselor asks a client to pretend to interview for a job, and the counselor pretends to be an employer,

What helps to be more professional

What I can do. Find out what makes you different. What helps to be more professional . What can I do well? What things do people value in me?

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How low can the price of galaxy shares fall

Reference No:- TGS03258104

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Make your own rendition of diego velázquez

Q : Calculate loss or gain on sale of old machine

Q : How can you take advantage of rates to earn riskless profit

Q : Differences between rip van winkle and hugh wolfe

Q : How low can the price of galaxy shares fall

Q : What is project stakeholder management

Q : How many total records in all the attribute tables

Q : By how much will her end-of-year tax liability increase

Q : What is the bonds real rate of return today