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Business, 11.03.2020 00:39 webbhlharryteach
You purchased 100 shares of IBM common stock on margin at $70 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call? Assume the stock pays no dividend; ignore interest on margin.
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You purchased 100 shares of IBM common stock on margin at $70 per share. Assume the initial margin i...
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