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you purchased 2000 shares of stock at $52 a share. the stock is currently selling for $59 a share. the initial margin was 70 percent
you purchased 2000 shares of stock at $52 a share. the stock is currently selling for $59 a share. the initial margin was 70 percent and the maintenence margin is 30 percent .. what is your current margin position ? and what if stock is currently selling for $40 per share instead of $59.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
