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Consider a stock priced at $120. The initial margin requirement is 60%, and the maintenance margin is set at 30% Compute the price at which
Consider a stock priced at $120. The initial margin requirement is 60%, and the maintenance margin is set at 30% Compute the price at which the stock buyer will get a margin call.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
