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You buy 1,000 shares of XYZ at $75 per share using 50% initial margin (you buy 500 shares with your money and borrow enough to

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You buy 1,000 shares of XYZ at $75 per share using 50% initial margin (you buy 500 shares with your money and borrow enough to buy an additional 500 shares). The interest on the borrowed funds is 6% per year. You broker requires a 30% maintenance margin. At the end of the year, at what price would you receive a margin call? O $53.00 $56.79 $57.00 O $54.00

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