新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"Equity Investments":Market Organization and Structure
學(xué)習是一個不斷積累的過程，每天學(xué)習一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習題供大家練習。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
An investor opens a margin account with an initial deposit of $5,000. He then purchases 300 shares of a stock at $30 each on margin, and his account requires a maintenance margin of 30%. Ignoring commissions and interest, the price at which the investor will receive a margin call is closest to:
A 、$19.05.
B、$23.08.
C、 $23.81
Questions 2:
A trader who owns shares of a stock currently trading at $100 per share places a “GTC, stop $90, limit $85 sell” order (GTC means good till cancelled). Assuming the specified stop condition is satisfied and the order becomes executed, which of the following statements is most accurate?
A 、The order becomes a market order when the price falls below $85 and remains valid for execution.
B 、The trader faces a maximum realized loss of $15.
C、 The order will be executed at either $90 or $85.
View answer resolution
【Answer to question 1】A
【analysis】
A is correct.
【Answer to question 2】B
【analysis】
B is correct. The order becomes valid when the price falls to, or below, $90. The “l(fā)imit $85 sell” indicates that the trader is unwilling to sell below $85. Thus, the trader faces a maximum loss of $15 ($100 – $85). A is incorrect. The order becomes invalid for execution when the price falls below $85. C is incorrect. The order can be executed at any prices between $85 and $90.
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。更多CFA考試資訊，點擊了解>
學(xué)員討論（0）
推薦閱讀
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號
