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You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is
You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is 30%. You will get a margin call if the stock drops below (Assume the stock pays no dividends, and ignore interest on the margin loan.) O $38.46 $35.71 O $30.77 O $28.57
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