b. If the maintenance margin is 25%, how low can Intel’s price fall before you get a margin call? c. How would your answer to ( b ) change if you had financed the initial purchase with only $10,000 of your own money? d. What is the rate of return on your margined position ...
1.A financial market is a mechanism that allows people to easily buy and sell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the ...
what does money do?medium of exchange,a store of value,a unit of account 3. Types of Money 钱的分类:M-1:currency,demand deposits,and other checkable deposits 现金,活期存款,支票存款;Time deposits 定期存款。 4. The Financial System 融资体系: commercial banks, savings and loan associations, ...
(a) Operating income (b) Gross margin (c) Taxable income (d) Net income Answer: (a) 8. Although it differs from the income statement, the statement of cash flows is a useful supplement to the income statement because: (a) it focuses attention on what is happening to the firm’s ...
2. Return —回报 the gain from an investment, either as income or yield or as profit on the sale of the investment. 3. Portfolio —证券投资组合 the entire collection of investments in the form of stocks, bonds, or certificate of deposits for purposes other than controlling 4. Royalty —...
However, the firm wants to limit its maximum potential loss on this product to the firm's initial investment in the project. The fixed costs are estimated at $21,000, the depreciation expense is $11,000, and the contribution margin per unit is $12.50. What is the minimum number of ...
The personal finance side of things has been interesting. Our net worth has gone down rather significantly, of course, but I’ve been pretty calm about it. I took a couple of opportunities to rebalance from bonds into stocks on the way down to maintain our predetermined asset allocation. Hav...
Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain...
3. One expert holds the view that logistics is an iceberg, only the top of which is seen. What is unseen is much bigger. 有一个专家认为物流是一座冰山,人们只看到它的顶部,未见到的那部分更大。 4. The overall goal of logistics is to achieve a targeted level of customer service at t...
Because the investment trust portfolio is fixed once the trust is established, it does not have to pay portfolio managers to constantly monitor and rebalance the portfolio as perceived needs or opportunities change. Because the portfolio is fixed, the unit investment trust also incurs virtually ...