Question
Assume you purchased 145 shares of NFLX common stock on margin at $63 per share from your broker. If the initial margin is 50%
Assume you purchased 145 shares of NFLX common stock on margin at $63 per share from your broker. If the initial margin is 50% while the maintenance margin is 35%... At what price will you receive a margin call?
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
