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QUESTION 8 4 points Save Answer You purchase 1,000 shares of FRAN at $80 per share and give your broker $50,000 to establish your margin
QUESTION 8 4 points Save Answer You purchase 1,000 shares of FRAN at $80 per share and give your broker $50,000 to establish your margin account. FRAN does not pay a dividend. The rate on the margin loan is 5%, and the maintenance margin is 30%. After one year (t=1), what is the price of FRAN that will trigger a margin call? A. $45 B. $65 C. $105 O D. $125
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