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Business, 13.02.2020 23:31 biancaadenisee2

You purchased 100 shares of common stock on margin at $60 per share. Assume the initial margin is 60% and the stock pays no dividend. What would the maintenance margin be if a margin call is made at a stock price of $40? Ignore commission and interest on margin.

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You purchased 100 shares of common stock on margin at $60 per share. Assume the initial margin is 60...
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