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Business, 12.03.2021 15:00 jaueuxsn

An investor buys $8,000 worth of a stock priced at $40 per share using 50% initialmargin. The broker charges 6% on the margin loan and requires a 30% maintenance margin. In one year the investor gets a margin call. At the time of the margin call the stock's pricemust have been .A. $20.00B. $29.77C. $30.29D. $32.45

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An investor buys $8,000 worth of a stock priced at $40 per share using 50% initialmargin. The broker...
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