[CFA level 1模拟真题]Version 3 Questions－Q42 account, investor, interest, face

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Q42. 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 stork can fall to before the investor receives a margin can is closest to:

A. $16.80

B. $20.00

C. $28.00

D.$33.33

[此贴子已经被作者于2007-10-29 20:08:20编辑过]

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答案和详解如下：

Q42. C.  Study Session 13-55-h

Determine the price (P) that is equal to 25 percent: (200P-4200)/200P=0.25. P=$28.00

vivian1022

c

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c

jessicanyc

c

cathytutu

c

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bu zhi

deanwj

从

zephyr823

55

denker5781

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