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HW help needed Assume you bought a stock on margin and the stock price went down enough that you received a margin call. You can
HW help needed
Assume you bought a stock on margin and the stock price went down enough that you received a margin call. You can either deposit more money or sell some of the stock to meet the margin call. Is the number of shares you need to sell equal to the cash you need to deposit divided by the market price of the stock? Why/Why not? Show mathematically (that does not mean giving a numerical example).
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