FIN 402 Week 1 Assignment Case Problem 2.2 Ravi Dumar’ s
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FIN 402 Week 1 Assignment Case Problem 2.2 Ravi Dumar’ s High- Flying Margin Account
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FIN 402 Week 1 Assignment Case Problem 2.2 Ravi Dumar’ s
High-Flying Margin Account
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Case Problem 2.2 Ravi Dumar’ s High-Flying Margin Account Ravi Dumar is a stockbroker who lives with his wife, Sasha, and their five children in Milwaukee, Wisconsin. Ravi firmly believes that the only way to make money in the market is to follow an aggressive investment posture— for example, to use margin trading. In fact, Ravi has built himself a substantial margin account over the years. He currently holds $ 75,000 worth of stock in his margin account, though the debit balance in the account amounts to only $ 30,000. Recently Ravi uncovered a stock that, on the basis of extensive analysis, he feels is about to take off. The stock, Running Shoes( RS), currently