Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams from the previous question. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $40 to $50, and the stock has paid a dividend of $2 per share.a. What is the remaining margin in the account?b. If the maintenance margin requirement is 30%, will Old Economy receive a margin call? c. What is the rate of return on the investment?
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Dée Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4,000 from her broker to help pay for the purchase. The interest rate on the loan is 8%.a. What is the margin in Dée’s account when she first purchases the stock?b. If the share price falls to $30 per share by the end of the year, what is the remaining margin in her account? If the maintenance margin requirement is 30%, will she receive a margin call?c. What is the rate of return on her investment?
A municipal bond carries a coupon rate of 6.75% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in a 35% tax bracket?
The New Fund had average daily assets of $2.2 billion in the past year, had an expense ratio of 1.1%, and its management fee was 0.7%.a. What were the total fees paid to the fund’s investment managers during the year?b. What were the other administrative expenses?
根据权变学派的观点,管理技术与方法同环境因素之间存在一种函数关系,企业管理者要随环境的变化而变化。
A. 对
B. 错