Question: solve it on Excel, please 3. Jackie has a margin account with a balance of $150,000. The initial margin deposit is 60 percent and Turtle

solve it on Excel, please

3. Jackie has a margin account with a balance of $150,000. The initial margin deposit is 60 percent and Turtle Industries is currently selling at $50 per share. If the maintenance margin is 25 fercent, to what price can Turtle Industries fall before Jackie receives a margin call

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