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You Purchase 200 Shares of Stock at a Price of $22

Question 113

Multiple Choice

You purchase 200 shares of stock at a price of $22 per share. If the initial margin was 60 percent and the maintenance margin is 25 percent, at what stock price will you receive a margin call?


A) $11.00
B) $12.63
C) $13.96
D) $10.07
E) $11.73

Correct Answer:

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