Business, 11.03.2020 16:21 Northshoreranch

You purchase shares with a market price of $60 using an 80% margin requirement. If the maintenance margin is 30%, before you would have a margin call the market price could fall to? The answer is $17 but I need specific steps on how to solve this

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You purchase shares with a market price of $60 using an 80% margin requirement. If the maintenance m...

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