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thanks for the help! Hamlin Investments buys $8,000 worth of ABC stock priced at $40 per share using 50% initial margin. The broker requires a

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Hamlin Investments buys $8,000 worth of ABC stock priced at $40 per share using 50% initial margin. The broker requires a 30% maintenance margin. In 1 year, the investor gets a margin call. At the time of the margin call the stock's price must have been (assume 0\% margin interest) $26.15 $28.57 $35.16 $33.00 $30.77

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