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Your fabulous uncle Zimmy deposits $ 4 5 , 0 0 0 cash in a brokerage account and purchases $ 5 5 , 0 0
Your fabulous uncle Zimmy deposits $ cash in a brokerage account and purchases $ of stocks on margin by borrowing $ from a broker. The required maintenance margin is Later, the value of the stock holdings falls to $ What is the new account margin in percent? Will there be a margin call?
No
No
No
No
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