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An investor opens a margin account with an initial deposit of $ 6 2 0 0 . He then purchases 4 5 0 shares of

An investor opens a margin account with an initial deposit of $6200. He then purchases 450
shares of a stock at $45. His margin account has a maintenance margin requirement of 30%.
Ignoring commissions and interest, IF the price changed to 34
WHAT IS YOUR NEW EQUITY
AT WHAT PRICE YOU WILL GET A MARGIN CALL PRICE ?
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