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Business, 30.10.2020 17:30 AleciaCassidy

You’ve borrowed $26,838 on margin to buy shares in Company BBYT, which is now selling at $42.6 per share. You invest 1,260 shares. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. At what price will you receive a margin call?

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You’ve borrowed $26,838 on margin to buy shares in Company BBYT, which is now selling at $42.6 per s...
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