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You buy 300 shares of a companys stock for $30 per share and deposit initial margin of 50%. The next day, the stock price drops

You buy 300 shares of a companys stock for $30 per share and deposit initial margin of 50%. The next day, the stock price drops to $25 per share. What is your actual margin (in percentage)?

A. 50% B. 40% C. 33% D. 60% E. 25%

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