13.7%.
C)
Question #81 of 120 Question ID: 1146151An investor buys a stock for $50. The initial margin requirement is 50%, and the maintenance margin requirement is 25%.
The price below which the investor would receive a margin call would be:
$25.00.
A)
$33.33.
B)
$37.50.
Question #82 of 120 Question ID: 1146152A securities market exhibits operational efficiency if it offers:
low transaction costs.
prices that respond rapidly to new information.
rates of return that are proportional to risk on average.
Question #83 of 120 Question ID: 1146156A stock index consists of two stocks. As of January 1:
Company A has 50 shares outstanding valued at $2 each.
Company B has 10 shares outstanding valued at $10 each.
The price-weighted index is 6, and the value-weighted index is 100.
On June 30, the price of Company A's stock has increased to $4 per share. Effective the morning of July 1, Company B's
stock splits two- for-one and is priced at $5. The opening values of the price-weighted index and the value-weighted index
on July 1 are:
Price-weighted Value-weighted
7 150
7 125
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