Byron Campbell purchased 300 shares of Cre

问题单项选择题

Byron Campbell purchased 300 shares of Crescent, Inc. , stock at a price of $80 per share. The purchase was made on margin with an initial margin requirement of 50 percent. Assuming the maintenance margin is 25 percent, the stock price of Crescent, Inc. has to fall below what level for Campbell to receive a margin call（）

A. $40.00.

B. $30.00.

C. $53.33.

答案

参考答案：C

解析：

Trigger price (margin purchases) = P₀(1-initial margin)/(1-maintenance margin).

$80(1-0.5)/(1-0.25)=40/0.75=$53.33. P=$53.33 If Crescent, Inc falls below $53.33 then Campbell will get a margin call.