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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. $9,333
B. $5,714
C. 4,000
D. $2,800
Answer: A
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?
A. There are 5 types of data type stored in column; Null, Integer, Real, Text, and Blob.
B. There are restrictions on some functions of SQLite loaded on Android.
C. SQLite is a database that saves data in a single file.
D. It has transaction administration function and it is designed so that the storage is locked after commencing transaction.
Answer: B

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