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1 8 Suppose that you just purchased 5 0 shares of Beta Banana's stock for $ 3 0 per share. The initial margin requirement is
Suppose that you just purchased shares of Beta Banana's stock for $ per share. The initial margin requirement is which means the amount borrowed is $ The corresponding balance sheet is below:
Required:
a Now suppose the price of the stock falls to $ per share. What is your current margin percentage? Round your answer to decimal places.
tableMargin percentage,
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