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You've borrowed $30,800 account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two days later, the stock price changes to
You've borrowed $30,800 account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two days later, the stock price changes to $55 per share. on margin to buy shares in Ixnay, which is now selling at $44.0 per share. You invest 1,400 shares. Your a. Will you receive a margin call? Yes No b. At what price will you receive a margin call? (Round your answer to 2 decimal places.) Stock price O O
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