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You purchased 100 shares of ABC Inc. for $50 per share on margin. The initial margin requirement is 50% and the maintenance margin requirement is

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You purchased 100 shares of ABC Inc. for $50 per share on margin. The initial margin requirement is 50% and the maintenance margin requirement is 30%. If the price falls to $30 per share, what will be your actual margin? What will be the consequences and how will you rectify the situation

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