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help please, The price of Facebook stock is currently $35.79 and you decide to buy 170 shares on margin. The inital margin is 60%. Part
help please,
The price of Facebook stock is currently $35.79 and you decide to buy 170 shares on margin. The inital margin is 60%. Part 1 Attempt 1/5 for 10 pts. How much money will you borrow from the broker if you borrow as much as possible? 0+ decimals Submit Part 2 Attempt 1/5 for 10 pts. If the price falls to $31.33, what is the new percentage margin in the account? 2+ decimals Submit Part 3 Attempt 1/5 for 10 pts. If the broker's maintenance margin is 50%, what is the minimum value the stock price can take before you are issued a margin call Step by Step Solution
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