Question: Please double check your work and show all steps! Question 7 1 pts Suppose you purchase 472 shares of stock at $31.06 per share with
Please double check your work and show all steps!

Question 7 1 pts Suppose you purchase 472 shares of stock at $31.06 per share with an initial cash investment of $8,744. If your broker requires a 34 percent maintenance margin, at what share price (in $)will you be subject to a margin call
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