Business, 24.02.2020 19:00, cylertroutner

Yvette recently purchased 500 shares of stock at a cost per share of $43.50. The initial margin requirement on this stock is 75 percent and the maintenance margin is 40 percent. The stock is currently valued at $44.75 a share. What is her current margin position? Ignore margin interest.

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Yvette recently purchased 500 shares of stock at a cost per share of $43.50. The initial margin requ...