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answer in 2 decimal places. You have borrowed $67,500 on margin to buy shares in BCE, which is currently selling for $30 per share. The
answer in 2 decimal places. 
You have borrowed $67,500 on margin to buy shares in BCE, which is currently selling for $30 per share. The minimum margin is 35%, and your initial margin requirement is 55%. Assume that BCE will pay no dividends before you return the loan and that you pay no interest on your loan. Maximum price at which you will receive a margin call is Step by Step Solution
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Portfolio Performance Measurement And Benchmarking
Authors: Jon Christopherson, David Carino, Wayne Ferson
1st Edition
