Exam (elaborations)
FIN3102 practice questions (mid-term with answers)
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Sample Practice Questions for Test 1 with Answers Semester 2, 2016/2017 Prepared by Dr. Weina Zhang 1. You want to purchase GM stock at $10 from your broker using as little of your own money as possible. If initial margin is 60% and you have $2400 to invest, how many shares can you buy? A. 2...
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