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You buy 150 shares of ABDC company that are currently selling at $30 per share. You post the 42% margin required on purchase. If your
You buy 150 shares of ABDC company that are currently selling at $30 per share. You post the 42% margin required on purchase. If your broker requires a 35% maintenance margin, at what stock price will you get a margin call? (You earn no interest on the funds in your margin account, and the firm does not pay any dividends.) 19.3826.7712.889.3316.42
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