Question
You purchased 100 shares of abc common stock on margin at $40 per share. Assume the inital margin is 50% and the maintenance margin is
You purchased 100 shares of abc common stock on margin at $40 per share. Assume the inital margin is 50% and the maintenance margin is 35%. You will get a margin call if the stock drops below _______ (Assuming the stock pays no dividends and ignore interest on the margin loan)
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
