What is the size of your margin call

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You have a margin account. Your initial margin is 50% and your maintenance margin is 25%. In the morning you purchase 100 shares of Bad Investment Incorporated for $75 per share. at teh close of the day the stock has dropped to $32 dollar per share. Assuming you still want tokeep your stock, what is the size of your margin call (minimum amount you have to put in to get back in the maintence margin level.)

Reference no: EM132048886

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