Business
Business, 18.07.2019 05:20, trevorhenyan51

You’ve borrowed $42,000 on margin to buy shares in ixnay, which is now selling at $42.2 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price changes to $46 per share. a. will you receive a margin call? b. at what price will you receive a margin call?

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You’ve borrowed $42,000 on margin to buy shares in ixnay, which is now selling at $42.2 per share. y...

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