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You purchased 60 shares of Amazon.com common stock on margin at $600 per share. Assume the maintenance margin requirement is 0.55. You received a margin

You purchased 60 shares of Amazon.com common stock on margin at $600 per share. Assume the maintenance margin requirement is 0.55. You received a margin call when the share price dropped to $320. What is your initial margin requirement?

		0.24
		0.45
		0.76
		0.55

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