Question
Lauren purchased 200 shares of stock at $19 using her 70% margin account. Her maintenance margin is 40%. Lauren has no other securities in her
Lauren purchased 200 shares of stock at $19 using her 70% margin account. Her maintenance margin is 40%. Lauren has no other securities in her account. At what price will Lauren receive a margin call?
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Finance For Managers
Authors: Harvard Business School Press
1st Edition
1578518768, 978-1578518760
