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What does miguel need to do

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Question: Miguel Torres purchased 100 shares of CantWin.com.com for $50 per share, using as little of his own money as he could. His broker has a 50% initial margin requirement and a 30% maintenance margin requirement. The price of the stock falls to $30 per share. What does Miguel need to do?

Reference no: EM131624046

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What does miguel need to do : Miguel Torres purchased 100 shares of CantWin.com.com for $50 per share, using as little of his own money as he could. His broker has a 50% initial margin.
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