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18. The following information is for the next 2 questions: You buy 100 shares of AXE stock at $42 per share on margin. Initial margin

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The following information is for the next 2 questions: You buy 100 shares of AXE stock at $42 per share on margin. Initial margin is 50% and the maintenance margin is 25%. Question 18 2 pts If the price drops to $34, what is your margin %? O 41.65% O 35.11% 0 32.34% 38.24% Question 18 2pts If the price drops to $34, what is your margin %? O 41.65% O 35.11% O 32.34% 38.24% O 61.76%

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