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4. You decide to purchase 50,000 shares of Boeing at $365/share, while borrowing the maximum amount permitted by your broker in order to do so.

4. You decide to purchase 50,000 shares of Boeing at $365/share, while borrowing the maximum amount permitted by your broker in order to do so. The initial margin requirement is 60% and the maintenance margin requirement is 40%. a. At what price per share will you receive a margin call?

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