You want to purchase SLB currently trading at $ 5 0 per share. You have $ 1
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Question:
You want to purchase SLB currently trading at $ per share. You have $ of your own to invest. You borrow an additional $ from your broker and invest $ in the stock.
How far does the stock price have to fall for you to get a margin call if the maintenance margin requirement is Round your answer to two decimal places.
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