Question: You have $ 5 comma 0 0 0 in a 5 0 % margin account. You have been following a stock that you think you

You have $ 5 comma 000 in a 50% margin account. You have been following a stock that you think you want to buy. The stock is priced at $ 53.16. You decide that if the stock falls to $ 49.75, you would like to buy it. You place a limit order to buy 300 shares at $ 49.75. The stock falls to $ 49.75. What happens?

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