Multiple Choice
Suppose you purchase 200 shares of Best Hat Corporation at $52 a share by making a margin deposit of 50 percent. If the maintenance margin is 30 percent, 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:
Verified
Correct Answer:
Verified
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