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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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