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5 . You just purchased 5 5 0 shares of Malmok, Inc. stock for $ 8 7 per share. The initial margin requirement is 5
You just purchased shares of Malmok, Inc. stock for $ per share. The initial margin requirement is
a How much margin must you deposit?
b How much are you borrowing and what is your Equity?
c Now suppose the price of the stock falls to $ per share. What is your new margin percentage?
dIf the maintenance margin is at what stock price would you get a margin call?
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