标题: Error in Mock Exam answers? [打印本页] 作者: thecfawannabe 时间: 2013-4-17 18:13 标题: Error in Mock Exam answers?
Hi,
Did anyone find any errors in the mock exam answer keys?
I am not sure if this is one. But for question no. 85 in the AFTERNOON session, I thought it was answer C, but the mock exam answer keys says answer A.
Am I missing something or it’s an error?作者: jarobi04 时间: 2013-4-17 18:13
It is A
Why do you think its C?作者: HuskyGrad2010 时间: 2013-4-17 18:14
Where does the $4000 come from? The question doesn’t say anything about the initial margin requirement.作者: bodhisattva 时间: 2013-4-17 18:14
never mind, i got it.作者: agulani 时间: 2013-4-17 18:14
Heres how i did it
Initial deposit is 5000, first purchase is 9000. That means initial margin % is 5/9 = 55.555
Plug into formula : Price bought(1initial margin requirement)/(1maint. margin)
=30*(1.55555)/(1.3)作者: joemoran 时间: 2013-4-17 18:14
