Using the above data, for 100 shares, $4,500 borrowed, and a maintenance margin of 30 percent, a
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Using the above data, for 100 shares, $4,500 borrowed, and a maintenance margin of 30 percent, a margin call will be issued when the price is
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MC price $4,500 100(1-0.30) : $64.29
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Related Book For
Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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