At what stock price do you get a margin call

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Question: Buying on Margin You buy 540 shares of stock that are priced at $80 a share using the full amount of margin available. The maintenance margin requirement or MMR is 35%. At what stock price do you get a margin call? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131951480

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