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