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The price of Walmart stock is currently $48.26 and you decide to buy 160 shares on margin. The inital margin is 60% and the broker's
The price of Walmart stock is currently $48.26 and you decide to buy 160 shares on margin. The inital margin is 60% and the broker's maintenance margin is 30%. The broker charges an monthly interest rate of 0.4% on the margin loan. Attempt 1/1 Part 1 After 8 months, the stock price has changed to $24.13. How much must you deposit to meet your margin call
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