Ryan Neal bought 1,200 shares of Ford (F) at $15.98 per share. Assume a commission of 2% of the purchase price. Ryan sells the stock for $22.25 with the same 2% commission rate. What is the gain or loss for Ryan? Note: Input the amount as a positive value. Round your answer to the nearest cent.
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- Ryan Neal bought 1,400 shares of Ford at $15.82 per share. Assume a commission of 3% of the purchase price. Ryan sells the stock for $20.13 with the same 3% commission rate. What is the gain or loss for Ryan? (Input the amount as a positive value. Round your answer to the nearest cent.)Saved Ryan Neal bought 1,200 shares of Ford (F) at $15.98 per share. Assume a commission of 2% of the purchase price. What is the total cost to Ryan? Note: Round your answer to the nearest cent. Total costNatalia Sandino bought 100 shares of Cendant AT $15 ¼ per share and was charged a commission of l.5%. She sold the 100 shares later at $22 1/8 and had a flat commission of $25 through a discount broker. Find the profit, ignoring any dividends.
- 1) Lisa has a margin account and deposits $2500,000 into it. Assume that the prevailing margin requirement is 50%, interest and commissions are ignored and and XYZ Corp. is selling for $44 a share. a.) How many shares can Lisa purchase using the maximum allowable margin? b.) What is Lisa's profit or loss is XYZ Corp.'s stock i.) Rises to $59 and Lisa sells the stock? ii.) Falls to $32 a share and sells the stock? c.) If the maintenance margin is 30%, what price can the stock fall to before Lisa receives a margin call? 1262 20Jeff Sellers bought 200 shares of ATL stock at $29.38. Eight months later, he sold the stock at $31.63. Assuming a 2% commission charge, what is the bottom line for Jeff? (Round your answer to the nearest cent.)Suppose Tyler initially pays $76,000 toward the purchase of $108,000 worth of stock, borrowing the remaining balance from one of notorious brokers, Diego. In this case, Tyler’s initial percentage margin is closest to A. 70.37%. B. 60.50%. C. 39.50%. D. 29.63%. Clear my choice
- Lauren short sells 100 shares of XYZ at $52 with a 50% initial margin. She then bays back the stock for $48. If her broker charges 2% of the borrowed amount, what is her percentage profit or loss?Lauren has a margin account and deposits $49,994 into it. Assume the prevailing margin requirement is 40%, interest and commisions are ignored, and the Gentry Wine Corporation is selling at $35 per share. a) How many shares can Lauren purchase using the maximum allowable margin? b) What is Lauren's profit (loss) if the price of Gentry's stock 1) rises to $45 and Lauren sells the stock? 2) falls to $25 and Lauren sells the stock? c) If the maintenance margin is 30% to what price can Gentry Wine fall before Lauren will receive a margin call?B. Answer the following problems completely 1. Tim bought 50 shares of Clarky stock at P685.00 per share and paid P956.00 commission. Find Tim's total investment.
- Michele bought 850 shares of APPLE at the 52 week low and sold the shares at the 52 week high shown in the table. A) ignoring dividends, what was michele's profit or loss on the sale of the stock? Was this a loss or profit? B) If her broker charges 1.9% of the total sale price, what was the broker's commission?Given that Local Care, Inc.'s stock is currently selling for $65 a share, calculate the amount of money that Elijah Pearson will make (or lose) on each of the following transactions. Assume that all transactions involve 100 shares of stock, and ignore brokerage commissions. Input all answers as positive values. He short-sells the stock and then repurchases the borrowed shares at $85.Total of $ . He buys the stock and then sells it some time later at $85.Total of $ . He short-sells the stock and then repurchases the borrowed shares at $50.Total of $ .Tommy purchases on margin 2000 shares of Sotoka stock for $ 65 per share with an initial margin requirement of 50%. The interest rate on margin purchases is 15%. Since the market for securities depend on available information he believes that it can either increase in value by $ 20 or depreciate in value by $15. Required; I). Calculate the rate of return for both a cash purchaser and a margin purchaser. What do they imply? II). How much can the share price drop before Tommy receives a margin call?