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Assume you purchased 495 shares of NFLX common stock on margin at $47 per share from your broker. If the initial margin is 50% while
Assume you purchased 495 shares of NFLX common stock on margin at $47 per share from your broker. If the initial margin is 50% while the maintenance margin is 36% ... At what price will you receive a margin call? *Assume you are borrowing as much as you are allowed to. Please round to the nearest two decimals. Please do not include the $ symbol
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
