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348&page=1 Time left 0:59:26 An investor opens a margin account with an initial deposit of $6200. He then purchases 870 shares of a stock at

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348&page=1 Time left 0:59:26 An investor opens a margin account with an initial deposit of $6200. He then purchases 870 shares of a stock at $38. His margin account has a maintenance margin requirement of 30%. Ignoring commissions and interest, IF the price changed to 42 WHAT IS YOUR NEW EQUITY AT WHAT PRICE YOU WILL GET A MARGIN CALL PRICE ? Previous page Next page tion 9 4 5 6 7 8 9 10 11 12 13

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