Question
You purchased 100 shares of Amazon.com common stock on margin at $135 per share. Assume the initial margin is 0.65. You received a margin call
You purchased 100 shares of Amazon.com common stock on margin at $135 per share. Assume the initial margin is 0.65. You received a margin call when the share price dropped to $95. What is your maintenance margin requirement (MMR)?
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
