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***PUT THE ANSWER IN 4 DECIMALS*** An investor opens a margin account with an initial deposit of $6900. He then purchases 800 shares of a

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***PUT THE ANSWER IN 4 DECIMALS*** An investor opens a margin account with an initial deposit of $6900. He then purchases 800 shares of a stock at $30. His margin account has a maintenance margin requirement of 30%. Ignoring commissions and interest, IF the price changed to 48 WHAT IS YOUR NEW EQUITY AT WHAT PRICE YOU WILL GET A MARGIN CALL PRICE

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