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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
John bought 100 shares of ABC stock at $60 a share with a 50% initial margin requirement. If the maintenance margin requirement is 30%, John will get a margin call when the stock's price falls to $30 a share.
A) True
B) False
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
Read 134 times
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imoyseimoyse
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Posts: 1016
7 years ago
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GoodMad_ Author
wrote...
7 years ago
I'll mark it solved, you deserve it
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