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An investor opens a margin account with an initial deposit of $ 5 5 0 0 . He then purchases 8 7 0 shares of
An investor opens a margin account with an initial deposit of $ He then purchases shares of a stock at $ His margin account has a maintenance margin requirement of Ignoring commissions and interest, IF the price changed to
WHAT IS YOUR NEW EQUITY
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AT WHAT PRICE YOU WILL GET A MARGIN CALL PRICE
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Essential Personal Finance A Practical Guide For Students
Authors: Lien Luu, Jonquil Lowe, Jason Butler, Tony Byrne
1st Edition
1138692956, 978-1138692954
