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Problem 3 You purchased 200 shares of common stock on margin for $30 per share. The initial margin is 40%. 2pts) What would be the

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Problem 3 You purchased 200 shares of common stock on margin for $30 per share. The initial margin is 40%. 2pts) What would be the new margin if stock price declines to $28 per share? b. (2pcs) What stock price would you receive a margin call if the maintenance margin is 30%

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