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An investor buys 100 shares of Lunox Company at $50 per share on margin with an initial margin of 60% and a maintenance margin of
An investor buys 100 shares of Lunox Company at $50 per share on margin with an initial margin of 60% and a maintenance margin of 30% percent. Assume you pay 5% on your borrowed amount. Assume a stock price decreases to $25, will the investor receive a margin call? There is not enough information to answer the question Yes No
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