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You borrowed $ 4 4 2 0 4 six months ago at 9 . 4 % EAR to finance the purchase of $ 9 7
You borrowed $ six months ago at EAR to finance the purchase of $
of stock. Assuming your maintenance margin requirement is and that interest is
computed on the loan daily but paid only when the position closes how much can the
stock price decline from your purchase price before triggering a margin call?
When giving your answer please write in whole numbers. That is if the stock may fall
please write
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