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10 10 Aaron purchased 200 shares of a Tamco technology stock for $11.80 a share. The initial margin requirement on this stock is 85 percent
10
10 Aaron purchased 200 shares of a Tamco technology stock for $11.80 a share. The initial margin requirement on this stock is 85 percent and the maintenance margin is 60 percent. What is the lowest the stock price can go before he receives a margin call? (3 Points) $4.43 $4.10 $5.43 $6.33Step by Step Solution
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