You purchased 100 shares of common stock on margin at $45 per share. Assume the initial margin is 50% and the stock pays no dividend. What would the maintenance margin be if a margin call is made at a stock price of $30

0.25

Step by step Explanation:

Purchases 100 shares of common stock on margin at $45

Initial margin is 50%

Stock price$30

100 shares * $45/share * 0.5 = $4,500

$4,500 * 0.5 = $2,250 (loan amount)

Therefore

X = [100($30) - $2,250]

=3,000-2,250=750

100($30)=$3,000

750/3,000= 0.25

X = 0.25

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.