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QUESTION 16 You purchased 100 shares of FMR stock on margin at $50 per share with a 50% initial margin. FMR does not pay a
QUESTION 16 You purchased 100 shares of FMR stock on margin at $50 per share with a 50% initial margin. FMR does not pay a dividend and there is no interest on your margin account. If the maintenance margin is 30%, what is the stock price in which you would receive a margin call? O A. $37.77 B. $34.75 O C. $36.76 O D. $35.71
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