Suppose you buy 200 shares at $50 a share on a 60% margin. The interest...
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Suppose you buy 200 shares at $50 a share on a 60% margin. The interest rate on the loan from your broker is 6% and the account has a 30% maintenance margin. In one year, you must pay interest and you get a margin call from your broker. At the time of the margin call, what was the price of the stock?
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