Question: De An investor opens a margin account with an initial deposit of $5000. He then purchases 700 shares of a stock at $33. His margin

 De An investor opens a margin account with an initial deposit

De An investor opens a margin account with an initial deposit of $5000. He then purchases 700 shares of a stock at $33. His margin account has a maintenance margin requirement of 30%. Ignoring commissions and interest, IF the price changed to 42 WHAT IS YOUR NEW EQUITY AT WHAT PRICE YOU WILL GET A MARGIN CALL PRICE ? ho Previous page Next page Ton 5 0 EN

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