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NEW QUESTION: 1
Under an initial federal requirement of 70% equity, Bubba purchases 100 shares of XYZ at $40 per share and wishes to satisfy the margin call by delivering another listed security into his account.
He may do so by depositing stocks with a market value of:
A. $2,800
B. $5,714
C. $9,333
D. 4,000
Answer: C
Explanation:
Explanation/Reference:
Explanation: $9,333. If Bubba were depositing cash, he would need $2,800 (70% x $4,000). Since he is depositing stock, he would have to deposit enough with loan value of $2,800. To arrive at this, divide
$2,800 by the 30% loan value to obtain $9,333.

NEW QUESTION: 2
Which of these is the incorrect explanation of SQLite?
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B. It has transaction administration function and it is designed so that the storage is locked after commencing transaction.
C. SQLite is a database that saves data in a single file.
D. There are restrictions on some functions of SQLite loaded on Android.
Answer: D

NEW QUESTION: 3
The before-tax cost of debt capital for a firm _______.
A. can be estimated by finding the yield on recently issued, longer maturity bonds with a lower bond rating.
B. is the return that the firm's creditors demand on new borrowing.
C. can be calculated by looking at the coupon rates on existing bonds of similar risk.
Answer: B