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Business, 05.11.2019 05:31 lpslover26237

An investor buys $8,000 worth of a stock priced at $40 per share using 50% initial margin. the broker charges 6% on the margin loan and requires a 30% maintenance margin. in 1 year the investor has interest payable and gets a margin call. at the time of the margin call the stock's price must have been

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An investor buys $8,000 worth of a stock priced at $40 per share using 50% initial margin. the broke...
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