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You purchased 100 shares of Potash Corporation common stock on margin at $70 per share Assume the margin requirement is 80%. If the stock price
You purchased 100 shares of Potash Corporation common stock on margin at $70 per share Assume the margin requirement is 80%. If the stock price falls to 560 per share what is the amount of the margin call you will receive? The amount of the margin callis (Round to the nearest cent as needed)
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