You have a margin account with a minimum maintenance margin of 30 percent. You buy 100 shares

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You have a margin account with a minimum maintenance margin of 30 percent. You buy 100 shares of stock at $20 per share, using only

$1,200 of your own money. If the stock price fell to $15, would you get a margin call?

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

ISBN: 978-0470111239

1st Edition

Authors: Vickie L. Bajtelsmit, Linda Rastelli

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Question Posted: Jun 05, 2024 02:05 AM

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You have a margin account with a minimum maintenance margin of 30 percent. You buy 100 shares

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

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