Business, 21.01.2021 21:40 Hollywood0122

An investor has $20,000 in his trading account and he borrows an additional $20,000 from his broker. He invests the total amount in a stock at $30 per share. Assume the maintenance margin is 40%, at what price will the investor first receive a margin call

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An investor has $20,000 in his trading account and he borrows an additional $20,000 from his broker....