You decide to buy 600 shares of stock at a price of $43 and an initial margin

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You decide to buy 600 shares of stock at a price of $43 and an initial margin of 55 percent. What is the maximum percentage decline in the stock before you will receive a margin call if the maintenance margin is 35 percent?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:29 AM

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You decide to buy 600 shares of stock at a price of $43 and an initial margin

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Fundamentals of Investments Valuation and Management

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