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Seilan has just made a margin purchase of 150 shares of Pelita Yahya Corporation for RM50 per share using an initial margin of 60%. Given

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Seilan has just made a margin purchase of 150 shares of Pelita Yahya Corporation for RM50 per share using an initial margin of 60%. Given the maintenance margin of 30%, how low can the price of Pelita Yahya Corporation stock drop before Seilan will have to add equity to his account

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