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You purchased 400 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is

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You purchased 400 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance margin is 30%. a) What will be your rate of return if the price of ABC becomes $40 next year? b) How far does the price of ABC stock have to fall for you to get a margin call

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