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GoodMad_ GoodMad_
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7 years ago
You purchased 100 shares of KLM at $60 a share by depositing the minimum amount of margin. If the initial margin requirement was 50% and the maintenance margin requirement is 30%, you will get a margin call if KLM's price falls to
A) $18.
B) $40.
C) $20.
D) $43.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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imoyseimoyse
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GoodMad_ Author
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#2
7 years ago
I'll mark it solved, you deserve it
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