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q1 q3 You decide to buy 1,700 shares of stock at a price of $66 and an initial margin of 55 percent. What is the

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You decide to buy 1,700 shares of stock at a price of $66 and an initial margin of 55 percent. What is the maximum percentage decline in the stock price before you will receive a margin call if the maintenance margin is 40 percent? 1. $49.50 2. 52.00% 3. 25.00% 4. none of the above

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