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19) Your margin account has an initial margin of 70% and a maintenance margin of 35%. The spot price of stock AB is $180 per

19) Your margin account has an initial margin of 70% and a maintenance margin of 35%.

The spot price of stock AB is $180 per share. You had $18900 in your account and have just

bought 150 shares of AB on margin. Are you going to receive a margin call if the price of

AB drops to $74 per share?

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