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Last month you bought 100 shares of BIG on the margin at the price of $150/share (50% initial margin, 35% maintenance margin). The Price of
Last month you bought 100 shares of BIG on the margin at the price of $150/share (50% initial margin, 35% maintenance margin). The Price of BIG is now $110/share. At the same time, you bought 100 shares of SML on the margin at $100/share (same margin requirements) and its price is now $90/share. What will your combined cash call be? Please show all work and do not use excel or a finance calculator.
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