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26. Margin Call price is the amount borrowed divided by: A. current value of the shares purchased x (1 maintenance margin proportion) B. current value

26. Margin Call price is the amount borrowed divided by:

A.

current value of the shares purchased x (1 maintenance margin proportion)

B.

current value of the shares purchased x (1 initial margin proportion)

C.

number of shares x (1 maintenance margin proportion)

D. number of shares x (1 initial margin proportion)

22.

If a call option has a $10 strike price, and the underlying stock is trading at $11, then the option is considered:

A.

at the money.

B.

out of the money.

C.

worthless.

D.

in the money.

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