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An investor buys $8,000 worth of a stock.9 priced at $50 per share using 60% initial margin. The broker charges 7% on the margin loan
An investor buys $8,000 worth of a stock.9 priced at $50 per share using 60% initial margin. The broker charges 7% on the margin loan and requires a 35% maintenance margin. In one year the investor gets a margin call. At the time of the margin call the stock's price must have been 2 * (2 ) $29.00 O $32.16 O $29.77 O $32.45 O
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