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zbuild007 zbuild007
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2 years ago
Jessica purchased 200 shares of stock at $38 using her 70% margin account. Her maintenance margin is 40%.  Jessica has no other securities in her account. At what price will she receive a margin call?

▸ $26.60

▸ $19.00

▸ $11.40

▸ $7.60
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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ordinarykathyordinarykathy
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2 years ago
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zbuild007 Author
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2 years ago
Brilliant ツ
zbmallo3
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This site is awesome
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Thanks for your help!!
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