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hapter 2 Hom... Question 10, P2.12 (simil... HW Score: 41.78%, 627 of 15 points Points: 0 of 1 Save Jem Kingston bought 100 shares of

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hapter 2 Hom... Question 10, P2.12 (simil... HW Score: 41.78%, 627 of 15 points Points: 0 of 1 Save Jem Kingston bought 100 shares of stock at $84 51 per share using an initial megno ven a maintenance margin of 32% how to does the stock nove to drop before sent faces a margin call? (Assume that there are no other secunties in the margin account) Before Jern faces a margin call the stock has to drop to $ per share (Pound to the nearest cont Jerri Kingston bought 100 shares of stock at 84.51 per share, using an initial margin of 59%. Given a maintenance margin of 32%, how far does the stock have to drop before Jerri faces a margin call? (Assume that there are no other securities in the margin account.) Before Jerri faces a margin call the stock has to drop to $ sent.) per share. (Round to the nearest

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