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30) Assume you purchased 400 shares of XYZ common stock on margin at $30 per share from your broker.If the initial margin is 80% and
30) Assume you purchased 400 shares of XYZ common stock on margin at $30 per share from your broker.If the initial margin is 80% and you fully use the margin allowed to buy shares. When the price of the stock drops to $2 the margin is 76.00% B. 31.58% C. 24.00% D. 60.00% 31) Assume you purchased 400 sharcs of XYZ commo he intial margin is 80% and you fully use the margin allowed What will be the price that triggers a call from the broker? (CFA Question) A. $20.00 n stock on margin at $30 per share from your broker. If to buy shares. Suppose the maintenance margin is 40% B. $15.00 C. $10.00 D. $8.00
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