Business
Business, 23.06.2020 10:57, jaureguilol1

You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. You invest 1,120 shares. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two days later, the stock price changes to $41 per share. a) Will you receive a margin call?b) How low can the price of Disney shares fall before you receive a margin call?

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You’ve borrowed $23,072 on margin to buy shares in Ixnay, which is now selling at $41.2 per share. Y...

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