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Author Question: You purchased stock worth $10 000 on margin (50 percent). Now the value of your stock has declined ... (Read 114 times)

chads108

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You purchased stock worth $10 000 on margin (50 percent). Now the value of your stock has declined to $7000 and you receive a margin call. How much cash do you need to bring the margin back to the minimum level?
$3000
$1500
$2000
$5000


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Marked as best answer by chads108 on Nov 11, 2019

reversalruiz

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chads108

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


cdmart10

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Reply 3 on: Yesterday
:D TYSM

 

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