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You purchased 100 shares of NOS common stock on margin at $40 per share. Assume the initial margin is 55% and the maintenance margin is

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You purchased 100 shares of NOS common stock on margin at $40 per share. Assume the initial margin is 55% and the maintenance margin is 30%. Below what stock price level by the year end would you get a margin call? The call loan rate is 2% per year. a) $34.97 b) $45.34 c) $26.23 d) $29.67 e) $39.34

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