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You purchased 200 shares of Amazon.com common stock on margin at $140 per share. Assume the initial margin is 0.60. You received a margin call
You purchased 200 shares of Amazon.com common stock on margin at $140 per share. Assume the initial margin is 0.60. You received a
margin call when the share price dropped to $93. What is your maintenance margin requirement (MMR)?
Please submit 2 decimal places (not a percentage).
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