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Posted on May 18, 2024

If a trader has $ 7 5 0 0 in cash and wants to buy $ 1 5 0 0 0 worth of stock on

If a trader has $

7500

in cash and wants to buy $

15000

worth of stock on margin. Given that the current stock price is $

150,

if the broker requires a

50 %

initial margin and a

30 %

maintenance margin, what is the stock price when the trader receives a margin call?

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