You have a margin account with $45,000 in equity, $110,000 in 4000 shares of NIY stock. The

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You have a margin account with $45,000 in equity, $110,000 in 4000 shares of NIY stock. The account has a maintenance margin of 10%.

How low can NIY stock fall before you have a margin call?

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ISBN: 9780073530703

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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Mar 20, 2023 07:06 AM

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You have a margin account with $45,000 in equity, $110,000 in 4000 shares of NIY stock. The

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Investments

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