A) 100 shares B) 200 shares 2.
(1 point) You want to purchase XYZ stock at $60 from your broker using as little of your own money as possible. If initial margin is 50% and you have $3000 to invest, how many shares can you buy? A) 100 shares B) 200 shares C) 50 shares D) 500 shares E) 25 shares Ans: A Rationale: 3000 / [60 * 50%] = 100 2. (1 point)You sold short 300 shares of ... ................
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