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Please show or explain how you got the answers You buy 500 shares of BHC stock at $80 a share on margin. The initial margin
Please show or explain how you got the answers
You buy 500 shares of BHC stock at $80 a share on margin. The initial margin is 50% and the maintenance margin requirement is 30%. If the stock price drops to $60, what will be the actual margin in your account?
Select one:
a. 67%
b. 50%
c. 33%
d. 25%
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