Assume+you+purchased+200+shares+of+msft+common+stock+on+margin+at+$70+per+share+from+your+broker.+if+the+initial+margin+is+54%,+how+much+did+you+borrow+from+the+broker?

Respuesta :

Rationale: 200 shares * $70/share * (1-0.55) = $14,000 * (0.45) = $6,300.

What are shares?

Simply put, a share is a portion of ownership in a business or a financial assetShareholders are people who own stock in a company.

Companies sell shares to raise the funds necessary for their business's growth and expansion as well as to fund specific projects that will increaserevenue. These corporations offer a variety of shares for sale, both publicly and privately.

People purchase and trade shares as a way to gain exposure to both the health and growth of the global economy as well as a specific company.Whether you have a long-term or short term interest will determine whether you invest in stocks or trade on their price.

To learn more about shares visit:

https://brainly.com/question/13931207

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