You want to purchase ko stock at $60 from your broker using as little of your own money as possible. if initial margin is 50 nd you have $3,000 to invest, how many shares can you buy?

Respuesta :

100 shares > .5 = [(Q × $60) - $3,000]/(Q × $60); $30Q = $60Q - $3,000; $30Q = $3,000; Q = 100.

100 SHARES CAN BE BOUGHT.

Which stock do you mean?

In general, the ownership certificates of any corporation are referred to as stocks. On the other hand, a share alludes to a certain company's stock certificate. You become a shareholder if you possess shares of a specific corporation. There are two categories of stocks: ordinary and preferred.

Preferred and Common Stock

There are two different stock types available for purchase. All businesses that are traded publicly issue common stock. Additionally, some businesses will offer preferred stock, which has a somewhat lower risk of financial loss but a lower possibility for overall profit.

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