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You purchased 60 shares of Amazon.com common stock on margin at $550 per share. Assume the initial margin is 0.5. You received a margin call

You purchased 60 shares of Amazon.com common stock on margin at $550 per share. Assume the initial margin is 0.5. You received a margin call when the share price dropped to $400. What is your maintenance margin requirement?

0.73

0.69

0.31

0.69

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