2-8=-6

A broker is dealing with two clients: one that wants to buy on the margin and one that wants to sell short. The stock is GE and it is currently trading at $52.75. GE pays 31.05 in dividends each year. The maintenance margin requirement is 35. On each buy and each sell trade, the broker charges a $45 commission. The loan rate is . Mary Margin has $50,000 in a margin account and buys 1900 shares of GE. After one year, the price rises to $58. A what price will Ms. Margin receive a margin call? $75.53 C $19.58 $34.29 $40,67