The initial margin is 50% and the maintenance margin is 25%. A customer is long 100 shares
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The initial margin is 50% and the maintenance margin is 25%. A customer is long 100 shares of a stock that is currently worth $54. A customer's margin loan is $6,000. How much additional cash does the customer has to post to satisfy maintenance margin requirement?
Related Book For
Taxation for Decision Makers 2014
ISBN: 9781118654545
6th edition
Authors: Shirley Dennis Escoffier, Karen Fortin
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