Question: show work please Margin: Initial margin requirement is 50%, and Maintenance margin requirement is 30%. I have $6,000 to invest. Stock A's price is $50.
Margin: Initial margin requirement is 50%, and Maintenance margin requirement is 30%. I have $6,000 to invest. Stock A's price is $50. a. (5 points) How many shares of A can I purchase at most? b. (5 points) Suppose I invest in the number of shares from Question a and I have to pay 2. 3% interest, what is the critical price at which I would get a margin call
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