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please help! You own 400 shares of a stock that you purchased on margin at a price per share of $20.74. The stock is currently
please help!
You own 400 shares of a stock that you purchased on margin at a price per share of $20.74. The stock is currently valued at $20 a share. Your broker advised you that your minimum equity position for this purchase is $2,800 as of today. What is the maintenance margin percentage? 25% 30% 35% 40% 50% Step by Step Solution
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