You buy 500 shares of stock at a price of $38 and an initial margin of 50
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You buy 500 shares of stock at a price of $38 and an initial margin of 50 percent. If the maintenance margin is 35 percent, at what price will you receive a margin call?
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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