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Suppose you purchase 416 shares of stock at $34.94 per share with an initial cash investment of $8,695. If your broker requires a 29 percent

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Suppose you purchase 416 shares of stock at $34.94 per share with an initial cash investment of $8,695. If your broker requires a 29 percent maintenance margin, at what share price (in \$)will you be subject to a margin call

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