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You have $100,000 in your margin account which requires 50% initial margin and 40% maintenance margin. If APPLEs current stock price is $500 and you
You have $100,000 in your margin account which requires 50% initial margin and 40% maintenance margin. If APPLEs current stock price is $500 and you use margin to buy 300 shares of Apple stock, the margin call will be triggered at a price of $Answer. (Please fill in a number and keep one decimal place)
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