PPT Slide

1 100 100 $10,000 $5000 $5000 50%

2 125 100 12,500 5000 7500 60%

+1250 - 1250

125 100 12,500 6250 6250 50%

3 90 100 9,000 6250 2750 30.56%

4 80 100 8,000 6250 1750 21.88%

Add Cash: - 650 + 650

8,000 5600 2400 30%

# Total Marginday Price shares Value Borrowings Equity ratio

Question: Assume that she chooses not to add cash to her account.

Thus, the broker will have to sell some stocks. How many

shares will the broker have to sell for her?