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Check my work De Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $54 per share. She borrows $2,600 from her

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Check my work De Trader opens a brokerage account and purchases 100 shares of Internet Dreams at $54 per share. She borrows $2,600 from her broker to help pay for the purchase. The interest rate on the loan is 11% Required: a. What is the margin in Dee's account when she first purchases the stock? Margin b. If the share price falls to $44 per share by the end of the year, what is the remaining margin in her account? Remaining margin c. If the maintenance margin requirement is 30%, will she receive a margin call? Yes No

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