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Unformatted text preview: for margin). Liabilities are 100P. Therefore, net worth is ($7,500 – 100P). A margin call will be issued when: = 0.30 when P = $57.69 or higher 19. a. 55.50 b. 55.25 c. The trade will not be executed because the bid price is lower than the price specified in the limit sell order. d. The trade will not be executed because the asked price is greater than the price specified in the limit buy order. Chapter 4: 13. Stock Value held by fund A $ 7,000,000 B 12,000,000 C 8,000,000 D 15,000,000 Total $42,000,000 Net asset value = = $10.49...
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This note was uploaded on 03/20/2012 for the course FINA 469 taught by Professor Zhang during the Spring '08 term at South Carolina.
- Spring '08