[Solved] You purchased 200 shares of ABC common st

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You purchased 200 shares of ABC common stock on margin at $11 per share. Assume the initial margin is 50% and the maintenance margin is

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You purchased 200 shares of ABC common stock on margin at $11 per share. Assume the initial margin is 50% and the maintenance margin is 32% and there is no interest on borrowed amount. You will get a margin call if the stock drops below what price

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