You purchased 100 shares of Company B's common stock on margin at $70 per share. Assume the initial margin is 50%, and the maintenance margin
You purchased 100 shares of Company B's common stock on margin at $70 per share. Assume the initial margin is 50%, and the maintenance margin is 30%. Assume the stock pays no dividend; ignore interest on margin. Below what stock price level would you get a margin call?
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Authors: Cameron Elliott Gordon
1st Edition
1138611395, 978-1138611399
