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solve please Assume you purchased 600 shares of common stock of Sunshine Solutions at 15 per share at the initial margin of 50%. You will

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Assume you purchased 600 shares of common stock of Sunshine Solutions at 15 per share at the initial margin of 50%. You will hit the maintenance margin of 40% when the stock price falls to a. 10.66 b. 12 c. 12.33 d. 12.5 The correct answer is: 12.5

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