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Suppose that you buy as much as you can of Macys for $1231 per share. You thave $5,750 and borrow the remander. The incial margin

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Suppose that you buy as much as you can of Macys for $1231 per share. You thave $5,750 and borrow the remander. The incial margin lovel is 70% if the mantonance margin level is 4B%, at what price will you receive a margin call? A. $6.30 B. $7.10 C. $957 D. $11.45 QUESTION 21 Suppose you buy 200 shares of Kotis stock at a phice of $2647 per share You use some of your com money and borrow using a margn account for as much as you can Your intud margin is 50 . You borrow at a rate of a 5N You setl your Kohifs stock 1 year later for $3050 There were no dividends and ne corrussions How much did you bortow? A. $1,000 B. $1,527 C $1,705 D. $2,047

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