Business, 22.06.2021 23:40 taetae83

You’ve borrowed $21,518 on margin to buy shares in Ixnay, which is now selling at $40.6 per share. You invest 1,060 shares. Your account starts at the initial margin requirement of 50%. The maintenance margin is 35%. Two days later, the stock price changes to $38 per share. a. Will you receive a margin call?

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You’ve borrowed $21,518 on margin to buy shares in Ixnay, which is now selling at $40.6 per share. Y...

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