An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70 percent and a maintenance margin of 25% percent. In two months, the stock goes to $56.
-What is the actual margin of the stock when it's at $56? $$\begin{array} { l l l }
\text { a. } & 65.9 \% & \
\text { b. } & 75.9 \% & \text { Solution: } \frac { 5600-1350 } {5600 }=\
\text { c. } & 79.9 \% & \
\text { d. } & 80.9 \%
\end{array}$$

Question

An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70 percent and a maintenance margin of 25% percent.    In two months, the stock goes to $56.
-What is the actual margin of the stock when it's at $56? $$\begin{array} { l l l } 
\text { a. } & 65.9 \% & \
\text { b. } & 75.9 \% & \text { Solution: } \frac { 5600-1350  } {5600 }=\
\text { c. } & 79.9 \% & \
\text { d. } & 80.9 \%
\end{array}$$

Quizplus · Accepted Answer

The Answer of An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 70 percent and a maintenance margin of 25% percent.    In two months, the stock goes to $56.
-What is the actual margin of the stock when it's at $56? $$\begin{array} { l l l } 
\text { a. } & 65.9 \% & \
\text { b. } & 75.9 \% & \text { Solution: } \frac { 5600-1350  } {5600 }=\
\text { c. } & 79.9 \% & \
\text { d. } & 80.9 \%
\end{array}$$

An Investor Buys 100 Shares of Walmart at $45 Per