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You ooen a margin account at Clay Pigeon, a discount broker. You buy 10 shares of Sherwin Williams at $583.54 a share, on a 60%

You ooen a margin account at Clay Pigeon, a discount broker. You buy 10 shares of Sherwin Williams at $583.54 a share, on a 60% margin. The maintenance margin requirement is 30 percent. You pay brokerage costs of $10 (for the 10 shares combined- not $10 per share) to huy the stock. To what price must the stock drop before you get a margin call?
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