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Skyhigh Corp shares trade at $100 and you buy 10 shares on margin. The initial margin is 50% and your broker has a 35% maintenance
Skyhigh Corp shares trade at $100 and you buy 10 shares on margin. The initial margin is 50% and your broker has a 35% maintenance margin. How far can the stock price fall before a margin call? Give your answer to the nearest cent. $
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