What is the meaning of a Margin Account? Assume you buy 600 Pfizer (PFE) shares at $160 per share. You put up $32,000 and borrow the rest. What is the Margin? How would this be represented in the balance sheet? Define the concepts of Minimum Margin and Maintenance Margin Now assume that your margin account requires an initial margin of 50%, and a maintenance margin of 30%. A Share in Miller Moore Equine Enterprises (WHOA) is selling for $100. You base $40,000, and you want to buy as much WHOA as you can. How that would be represented in the balance sheet? If the Price decreases to $70 per share, how does the balance sheet would look like? What is the new margin