Pays no dividends and ignore itnerest on margin loan

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Reference no: EM131302175

You purchased 200 shares of ABC common stock on margin at 50$ per share. Assume the initial margin is 50% and the maintenance margin is 30%. You will get a margin call if the stock drops below ___. (assume the stock pays no dividends and ignore itnerest on the margin loan.)

Reference no: EM131302175

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