Where would an illiquid security in a developing country most likely trade?
Answer
Broker markets
Electronic limit-order markets
Electronic crossing networks
Question 3
Question
Dee Trader opens a brokerage account and purchases 300 shares of Internet Dreams at $40 per share. She borrows $4000 from her broker to help pay for the purchase. The interest rate on the loan is 8%. If the share price falls to $30 per share by the end of the year, what is the remaining margin call?