Suppose you buy 200 shares at $50 a share on a 60% margin. The interest...
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Finance
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?
can you please show me how to get the answer? thank you.
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You can see the logs in the Dashboard.