suppose that you buy as much as you can of Pfizer for $49.27 per share. You have

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suppose that you buy as much as you can of Pfizer for $49.27 per share. You have $7,000 and borrow the remainder. The initial margin level is 55%. If the maintenance margin level is 45%, at what price will you receive a margin call?

A. $35.23 B. $37.49 C. $38.77 D. $40.36

Related Book For answer-question

Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Sep 24, 2020 05:17 AM

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suppose that you buy as much as you can of Pfizer for $49.27 per share. You have

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Answer D 4036 Given Information Price per share 4927 Initial ... View the full answer

Intermediate Microeconomics

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