subject
Business, 19.11.2020 16:00 bryannnnv

An investor buys 8000 shares of Migros in ISE at the current price of 14.5 TL per share. He decides to buy on margin showing 8000 shares as collateral since he believes that the shares will go up in a short period of time. The brokerage firm charges %40 interest for credit. If the initial margin limit is %50 and maintenance margin is 35% a)-What will be his net profit if Migros shares go to 21 TL per share in 20 days. How much additional profit he gains by buying at margin. b)- If the price falls to 10.5 TL per share in 28 days, does he receive a margin call? If so, how much must he pay in cash?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:00
Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9
Answers: 3
question
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
question
Business, 22.06.2019 12:10
Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2
Answers: 1
question
Business, 22.06.2019 12:40
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
You know the right answer?
An investor buys 8000 shares of Migros in ISE at the current price of 14.5 TL per share. He decides...
Questions
question
English, 14.09.2021 05:50
question
English, 14.09.2021 05:50
question
Mathematics, 14.09.2021 05:50
question
Mathematics, 14.09.2021 05:50
Questions on the website: 13722360