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    Exam 19: Using Securities Markets for Financing and Investing Opportunities
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    Tomas Purchased on Margin 100 Shares of Stock in the Marshall
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Tomas Purchased on Margin 100 Shares of Stock in the Marshall

Question 231

Question 231

True/False

Tomas purchased on margin 100 shares of stock in the Marshall Manufacturing for $50 per share yesterday. Today, the price of the shares dropped by $20 per share. Tomas expects his broker to issue a margin call.

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