Business
Business, 21.03.2020 11:01, avery58

You purchased 400 shares of XYZ common stock on margin at $20 per share. Assume the initial margin is 60% and the maintenance margin is 30%. You would get a margin call if the stock price is below . Assume the stock pays no dividend and ignore interest on margin.

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You purchased 400 shares of XYZ common stock on margin at $20 per share. Assume the initial margin i...

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