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3 years ago

A customer purchases $100,000 of municipal bonds at 40% in a margin account. The customer must deposit:_______

Business

1 answer:

miss Akunina [59]3 years ago

8 0

Answer:

customer must deposit $8000

Explanation:

given data

purchases bonds = $100,000

margin = 40%

solution

As we know minimum maintenance requirement set by Financial Industry Regulatory Authority is the great than 7% of face amount or 20% of the market value

and margins is minimums set by exchange

so bond is purchased at 40% is

bond purchase = 40% × $100,000 = $40000

and 20% of $40,000 is = $8,000

and 7 % of $100,000 is = $7,000

so greater amount is $8,000

so customer must deposit $8000

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Answer:

$504,300

Explanation:

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Excluding discouraged workers from the official unemployment rate may cause the official rate to the true extent of underemploym

Alenkasestr [34]

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What happens when they are reclassified as discouraged workers?

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(2) U-4 unemployment rate= (unemployed +discouraged) /(employed +unemployed+ discouraged)

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Excluding discouraged workers from the official unemployment rate may cause the official rate to Understate the true extent of underemployment.

To learn more about the unemployed, refer to:

brainly.com/question/3876987

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6 months ago

Argue why a product launch that exceeded expectations may actually be a negative result.

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A company issued 115 shares of $100 par value common stock for $12,500 cash. the total amount of paid-in capital is:

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A company issued 115 shares of $100 par value

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Total amount of paid-in capital = ?

Multiply the shares with amount par value =

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