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Akimi4 [234]
3 years ago
9

Which output from sprint planning provides the development team with a target and overarching direction for the sprint?

Business
1 answer:
Komok [63]3 years ago
4 0
Sprint goal is the output from sprint <span>planning that provides the development team with a target and overarching direction for the sprint. The development team usually is committed to achieve the sprint </span>goal<span>. These goals are the result of negotiation between the owner of the product and the development team.</span>
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You short sold 500 shares of Jasper stock at $41 a share at an initial margin of 60 percent. What is the highest the stock price
avanturin [10]

Answer:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

See explanation below.

Explanation:

For this case we define the following notation:

N= 500 represent the number of stocks for JAsper

P = 41 represent the stock price

M1 = 60% = 0.6 represent the initial margin

Px represent the highest stock price the variable of interest for this case

M2= 40% or 0.4 represent the mainteneance margin

We can find the value of Px with the following formula on this case:

Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}

And if we replace we have this:

Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}

Px= 46.857 \ approx 46.86

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

5 0
2 years ago
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