Business, 28.08.2019 20:20 scully1442

Suppose you purchase 1,300 shares of stock at $53 per share with an initial cash investment of $36,000. if your broker requires a maintenance margin of 40 percent, at what share price will you be subject to a margin call? (do not round intermediate calculations. round your answer to 2 decimal places.)

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Suppose you purchase 1,300 shares of stock at $53 per share with an initial cash investment of $36,0...

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