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Suppose You Purchase 200 Shares of Best Hat Corporation at $52

Question 50

Multiple Choice

Suppose you purchase 200 shares of Best Hat Corporation at $52 a share by making a margin deposit of 50%.If the maintenance margin is 30%,at what price will you receive a margin call?


A) $37.14
B) $37.95
C) $38.23
D) $38.76
E) $39.42

Correct Answer:

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