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Mrs. Esra recently bought 100 shares of Garanti by her own money and additional 100 shares of Garanti by borrowing a loan from the brokerage
Mrs. Esra recently bought 100 shares of Garanti by her own money and additional 100 shares of Garanti by borrowing a loan from the brokerage house. She paid 9 TL per share. Unfortunately today the Garanti trades at 5TL per share. Her brokerage house imposes a 0.35 maintenance margin. Do Mrs. Aye receive a margin call today if Garanti trades at 5 TL per share? If so; how much additional money she must deposit in cash today to retain her position?
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