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Margin Call Assignment | Homework For You

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May 27th, 2020

You purchased 200 shares of ABC common stock on margin at $50 per share. You pay $5,000 in cash and borrow the remaining $5,000 from a broker. Assume the maintenance margin is 30%. You will get a margin call if the stock drops below ________. (Assume we ignore interest on the margin loan.) Get Finance homework help todayHomework For You

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