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You purchase 150 shares of a stock, 50% margin with the following: Bid is $22 and Ask is $24. The broker's maintenance margin is set
You purchase 150 shares of a stock, 50% margin with the following:
Bid is $22 and Ask is $24.
The broker's maintenance margin is set at 30%.
What is the loan amount?
a) 1800
b) 2000
c) 1650
d) None of the above
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Private Equity Mathematics
Authors: Oliver Gottschalg
1st Edition
1908783508, 9781908783509
