Question
The initial margin requirement on a stock purchase is 49%. You fully use the margin allowed to purchase 200 shares of TSLA at $325.00. The
The initial margin requirement on a stock purchase is 49%. You fully use the margin allowed to purchase 200 shares of TSLA at $325.00. The maintenance margin requirement is 25%. At which share price would first receive a Margin Call? Enter your answer in the box below. Round your answer to two decimals.
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Public Finance
Authors: H L Bhatia
30th Edition
9390080258, 978-9390080250
