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Calgary Tires Ltd. shares are purchased by an investor at $4.00 in a margin account. A 50% initial margin position is required, and the maintenance

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Calgary Tires Ltd. shares are purchased by an investor at $4.00 in a margin account. A 50% initial margin position is required, and the maintenance margin is set at 40%. At what share price approximately will a margin call result? Select one: O a. $1.60 O b. $2.00 . $3.33 O d. $3.00 O e. $1.75

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