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Ramon just made a margin purchase of 300 shares of Coral Corp. for $60 per share. The initial margin is 70%. The maintenance margin is

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Ramon just made a margin purchase of 300 shares of Coral Corp. for $60 per share. The initial margin is 70%. The maintenance margin is 30%. How low can the price of each share of the stock be before he will have to add equity to his account? $35.00 $25.71 O $42.11 $51.57

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