You plan to buy 600 shares of TSLA on margin. The current price is $1,000 per share

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You plan to buy 600 shares of TSLA on margin. The current price is $1,000 per share and your initial margin is 50%. If the maintenance margin is 20% at what price will you receive a margin call?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Posted Date: Aug 03, 2022 09:31 AM

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You plan to buy 600 shares of TSLA on margin. The current price is $1,000 per share

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value of trade 6001000 600000 Initi... View the full answer

Fundamentals of Investments Valuation and Management

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