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10. (2 pts) An investor buys 100 shares of Altria at $58 per share on margin. The initial margin requirement is 50%, and the maintenance

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10. (2 pts) An investor buys 100 shares of Altria at $58 per share on margin. The initial margin requirement is 50%, and the maintenance margin requirement is 30% a. The price of Altria drops to $50. What is the actual margin now? b. The price of Altria declines further to $45 Show why a margin call is either required or not c. The price declines further to $40. Show calculations as to why a margin call is generated d. What is the amount of the margin call in Part c

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