You buy 500 shares of stock at a price of $38 and an initial margin of 50

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You buy 500 shares of stock at a price of $38 and an initial margin of 50 percent. If the maintenance margin is 35 percent, at what price will you receive a margin call?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 29, 2023 01:49 PM

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You buy 500 shares of stock at a price of $38 and an initial margin of 50

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Fundamentals Of Investments Valuation And Management

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