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Home Q & A Board Other Fields Homework Help Business Management
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shepherd shepherd
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8 years ago
How much cash would you need to purchase 500 shares of stock at $21 per share plus brokerage commissions of $125, if you purchase on margin and the margin requirement is 50%?
A) $5,312.50      B) $10,625        C) $10,500      D) $5,250
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
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#3
8 years ago
Let me know if you need anymore help
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