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The initial margin requirement on a stock purchase is 54%. You fully use the margin allowed to purchase 200 shares of TSLA at $317.42. The
The initial margin requirement on a stock purchase is 54%. You fully use the margin allowed to purchase 200 shares of TSLA at \$317.42. 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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