Question: Question 19 You use a broker to increase your available capital for investing into the shares of Globe Plc from 20,000 to 30,000. The shares

Question 19 You use a broker to increase your available capital

Question 19 You use a broker to increase your available capital for investing into the shares of Globe Plc from 20,000 to 30,000. The shares are currently trading at 250p and the maintenance margin is 0.3. Calculate the share price that would trigger a margin call payment and briefly discuss the factors that are taken into consideration when setting the maintenance margin

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