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Suppose you purchase 450 shares of stock at $50 per share with an initial cash investment of $12,000. Assume the maintenance margin is 30%. When
Suppose you purchase 450 shares of stock at $50 per share with an initial cash investment of $12,000. Assume the maintenance margin is 30%. When you will get a margin call? Group of answer choices
1.$33.33
2.$57.14
3.$36.19
4.$51.86
5. $48.14
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