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Suppose that AMD currently is selling at $40 per share. Cindy bought 500 shares using $15,000 of your own money, borrowing the remainder of the

Suppose that AMD currently is selling at $40 per share. Cindy bought 500 shares using $15,000 of your own money, borrowing the remainder of the purchase price from your broker. If the maintenance margin is 20%, how far can the stock price go down before he gets a margin call? Group of answer choices

14.29

16.67

12.50

15.38

13.33

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