Question: You borrow $ 1 0 , 0 0 0 on margin to buy shares in Ixnay, which is selling at $ 4 0 per share.

You borrow $10,000 on margin to buy shares in Ixnay, which is selling at $40 per share. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two days later, the stock price falls to $35 per share.

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