[CFA模拟真题] 2006 CFA Level I －NO43 face, investor, account, deposit, initial

cfaedu

43. An investor opens a margin account with an initial deposit of $5,000. He then purchases 200 shares of PRK stock at $46 in his margin account, which has a margin maintenance requirement of 25 percent. Ignoring commissions and interest, the minimum price that PRK stock can fall to before the investor receives a margin call is closest to:

Select exactly 1 answers from the following:
A. $16.80. B. $20.00. C. $28.00. D. $33.33.
答案和详解如下！
Feedback: Correct answer: C

 

Investment Analysis and Portfolio Management, 7th edition, Frank K. Reilly and Keith C. Brown (South-Western, 2003), pp. 127-130

2006 Modular Level I, Vol. III, pp. 251-255

Study Session 12-52-f

describe the process of buying a stock on margin, compute the rate of return on a margin transaction, define maintenance margin and determine the stock price at which the investor would receive a margin call

 

Determine the price (P) that is equal to 25 percent:

(200P - 4200) / 200P =.25

P = $28.00

magic

Correct answer: C

gchh

?

abner_wang

c

sleeping

C

henkee123

c

andywf2002

what's

清水長官

c

guis

c

zyx8318

[em03]