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An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 50% and a maintenance margin of 40%.
An investor buys 100 shares of Walmart at $45 per share on margin with an initial margin of 50% and a maintenance margin of 40%.
c. What is the price that will trigger a margin call?
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$37.50
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$42.00
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$54.00
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$13.50
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