Question
You purchased 300 shares of ABC common stock on margin at $25 per share. Assume the initial margin is 50% and the maintenance margin is
You purchased 300 shares of ABC common stock on margin at $25 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 ________.
Question options:
|
| $26.55 |
|
| $35.71 |
|
| $19.23 |
|
| $30.77 |
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
4th Edition
0273710397, 978-0273710394
