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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 35%. You will get a margin call if the stock drops below (Assume the stock pays no dividends, and ignore interest on the margin loan.) 0 $38.46 O $35.71 0 $26.55 0 $28.95
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