A research analyst estimates the intrinsic value of a defen…

 A research analyst estimates the intrinsic value of a defensive stock to be $35 per share. The analyst also expects a substantial increase in the gross domestic product over the next 24 months. The current market price of the defensive stock is $60 per share. The analyst is most likely to:    

 A young investor purchases shares in a firm for $112. The i…

 A young investor purchases shares in a firm for $112. The investment banker uses a 50% initial margin and a 35% maintenance margin for accounts of this type. The price of this stock falls to $56. The amount the investor would be required to deposit in the account is closest to: