4. Forrest Gump purchased 300 shares of FB stock at $55 per share using the prevailing minimum initial margin requirement of 50%. She held the stock for exactly four months and sold it without brokerage costs at the end of that period. During the 4-month holding period, the stock paid $1.50 per share in cash dividends. Marlene was charged 9% annual interest on the margin loan. The minimum maintenance margin was 25%. a.Calculate the initial value of the transaction, the debit balance, and the equity
b.For each of the following share prices, calculate the actual margin percentage, and indicate whether Gump’s margin account would have excess equity, would be restricted, or would be subject to a margin call. position on Gump’s transaction.
Q5. John Wayne expected the price of Alibaba Shares to drop in the near future in response to the expected failure of its new drug pass i-money rests……